16-20 BOSTON PLACE - HIGH RES

VALUE
£5.6 million / NIY – 4.09% / £1,260 per sq ft

AREA

4,445 sq ft 
 
CLIENT
Delancey

VENDOR
CBRE Global Investors

CBRE’S ROLE
Disposal

DESCRIPTION
CBRE GI appointed CBRE to advise them on the disposal of their asset, purchased in 2015. After three weeks of marketing, CBRE created a competitive bidding process which led to the property being sold above quoting price.

The Property was redeveloped in 2011 and is let to IVF Hammersmith Limited for 22 years. The lease is subject to annual RPI rent reviews with a cap and collar of 2%-4% and a tenant break option in year 12.