Proposal

We are instructed to seek unconditional offers in excess of £26,000,000 (Twenty-Six Million Pounds) subject to contract and exclusive of VAT for the freehold interest, reflecting the following attractive profile assuming standard Purchaser’s costs of 5.80%:

• Net Initial Yield: 6.88%
• Capital Value Per Unit: £160,500
• Capital Value Per Sq Ft: £445

VAT

The Property has not been elected for VAT.

It is anticipated that the sale will be treated as a Transfer Of a Going Concern (TOGC).