Shop entrance of Topps Tiles Bodmin C2 Capital retail investment

Topps Tiles – Bodmin

Description

A single retail warehouse unit let to Topps Tiles for a term of 10 years with annual RPI linked reviews.

Business Plan

The asset was underwritten at auction, and sold at a 22.4% premium to the underwritten price, reflecting an annualised return on capital committed of 48%.

Exited Investment

Realised Returns

Equity Multiple: 1.81x
Hold Period: 2 months

Acquired on behalf of:

Fund 2