Hanover Green sells Wimbledon office investment

Ignis Asset Management, advised by Hanover Green, has sold the freehold investment of Barclays House, 8 Alexandra Road, Wimbledon, London SW19 to a private investor.

The 11,208 sq ft office building, which has a ground floor banking hall, is let to Barclays Bank until July 2024 at a rent of £210,000 a year.

The sale price was £3.65 million, reflecting a net initial yield of 5.43%

 

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