Acting for Realty Income, Avison Young has acquired the freehold interest in the B&Q in Falmouth.
The 48,458 sq ft unit is let to June 2031 at a passing rent of £581,500 per annum, equating to £12.00 per sq ft. The site totals 3.25 acres.
The property was acquired for £7.45 million, reflecting a net initial yield of 7.32%.
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