Hanover Green sells multi let offices in Theale

Acting on behalf of a private landlord, Hanover Green have advised on the sale of Forum 1, Theale. The 40,000 sq ft office building was multi-let to three tenants with a low passing rent averaging just £17psf and an average lease term of c. 3 years to lease breaks. Following a long term involvement with the building, Hanover Green successfully sold the asset for £6.1m.