On behalf of private clients, Cooper Rose Real Estate has acquired a Marks & Spencer investment in Bangor, North Wales.
The freehold property on Garth Road is let in its entirety to Marks & Spencer plc until 24 March 2030 at a current rent of £356,400 per annum.
The price is confidential but was below the quoting terms of £5,750,000, reflecting a net initial yield of 5.85% .
Contact Ben Rose or Giles Cooper.