Platts Lane, Spalding

CBGA Robson have sold the Freehold investment on behalf of a private consortium of investors to Threadneedle UK Property Authority Investment fund for £3,125,000 to reflect an initial yield of 5.32%

The unit comprised some 18,000 sq ft and was le for a further 13 years to Jewson , guaranteed by Saint Gobain Building Distribution Ltd. The lease is subject to review based upon RPI (open) and the current income was £179,136 per annum.