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LXI REIT buy The Range & B&M on Thornton Rd, Bradford for £7.14 million

LXI REIT, advised by AY, have bought these 2 retail warehouse units totalling 73,000 sq ft next to a large Morrisons store, reflecting a yield of around 6.25%.  There is a WAULT of circa 17 years and both leases have fixed rent uplifts at 2% to 2.5% per annum.  Savills acted for vendors; Paloma and the purchasers were advised by AY.

For further information please contact:

Paul Wilkinson

T: 020 7317 3799 M: 07770 585313
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