A 4,000 sq. ft retail unit with ancillary accommodation on the upper floor, located in a prime location in Lewes Town Centre. Let to WH Smith with 14 years remaining on the lease. Underwritten in November 2010.
The property was underwritten to auction and sold for a price in excess of the underwritten value.
Equity Multiple: 1.25x
Hold Period: 2 months
Aquired on behalf of: