We have recently completed the sale of a doctors surgery investment in Perry Barr, Birmingham at a figure of £450,000 reflecting a net initial yield of 8%. The 4,120 sq ft detached building is let on an internal repairing lease to the Modality Partnership for 15 years, with 5 yearly breaks, from January 2017 at a current rent of £37,050 pa. The purchaser was represented by Harris Lamb.


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