Investments / L&G sell Basingstoke Homebase
Legal & General have put the freehold of the Homebase, Winchester Road, Basingstoke on the market for £17m, reflecting a net initial yield of 6.19%.
The property is a prime retail warehouse investment in the very affluent town of Basingstoke. It is let to Homebase Ltd for over 11.5 years at £1,113,000 per annum. The unit is 68,496 sq ft.
For further information contact Nick Staunton or Hamish Whiteman.
Price: £17 million
Type: Investment Sale
Status: Under Offer