Commercial Property News

Our magazines are published bi-monthly with in-depth features and news for the commercial property industry. On this page we have the latest news to keep you constantly updated on the market. On the left hand side of the page you can search our archived news which is stored monthly.

Thursday, February 15, 2024

London & Lothian purchase Skipton shopping centre for 11.5m

London & Lothian, advised by Strutt & Parker, has purchased the freehold of Skipton Shopping Centre, Skipton from a private Irish investor for 11.5m, reflecting a net initial yield of 5.1%. Franc Warwick advised the vendor.

The 31,716 sq ft shopping centre is let to tenants such as Laura Ashley, Wallis, Birthday and H Samuel. The centre achieves a total rent of 633,000 per annum.