Investments / Savills Investment Management acquire Basingstoke Homebase

Savills Investment Management have acquired the Homebase at Winchester Road, Basingstoke for £17.275 million, reflecting a net initial yield of 6.09%.

 

The 68,496 sq ft building is let to Homebase Limited for in excess of 11 years, at a passing rent of £16.25 psf.

Price: £17.275 million

Type: Investment Sale

Status: Completed