2018

18th December 2018

Another Retail Investment Flies Off The Shelf

Acting on behalf of the landlord, LDIC Group Limited, Smith Price have sold the freehold investment in 15 East Street, Taunton for £1,315,000.  The tenant, Lakeland Limited, occupy the premises on a 10 year lease from 30 October 2012 at a rent of £100,000 per annum.  

17th October 2018

Enfield Attracts Blue Chip Banking Covenant

On behalf of Pitch Properties, Smith Price have let 1-5 Church Street, Enfield to Santander on a new 15 year lease at £145,000 per annum subject to 9 months rent free.  

28th September 2018

Cookies Now Being Served in Cambridge by Ben's

Ben's Cookies have opened in Market Street, Cambridge having just completed a new 10 year lease at £55,000 per annum.  Smith Price acted for Ben's Cookies.    

31st August 2018

Investor Takes Away A Costa In Bromley

Smith Price advised on the sale of 33-34 Market Square in Bromley which achieved a price of £1,940,000.  Costa Coffee occupy the ground floor and basement paying £85,000 per annum on a lease with 9.8 years unexpired.  The upper three floors comprised three self contained residential flats.   

31st July 2018

All Roads Lead to London Road - Brighton

Specsavers have acquired 142-143 London Road, Brighton on a new 10 year lease at £60,000 per annum.  Smith Price acted for Specsavers.