Craigard

Thatcham

SOLD MARCH 2018
Bought for: £2.255m
Sold for: £3.3m
The Asset: Terrace of five income-producing units constructed in the 1980’s and extending to 31,035 sq ft

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Overview

The business plan was to undertake a light refurbishment and focus on longer term income. The one vacant unit was refurbished and re-let setting a new rental tone for the estate. A refurbishment program was planned for the benefit of the tenants on the estate but an opportunist exit was secured to the adjoining institutional owner.

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