Acting on behalf of a private investor MK2 Real Estate has successfully advised on the acquisition of a prominent headquarters office building in Wolverhampton City Centre. The property is the global headquarters of Carillion Construction and extends to 36,603 sq. ft. and is let for 15 years with RPI uplifts every 5 years. The passing rent is £437,405pa and the property was acquired for £6,165,000 reflecting a net initial yield of 6.70%.
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