Nottingham and Haverhill Retail Properties Change Hands
NOTTINGHAM, UK-Metric Property Investments has paid GBP 9.8 million to buy two properties located in Nottingham and Haverhill for Metric Income Plus Limited Partnership (MIPP). Metric acquired a 23,600-square-foot Wickes unit in Nottingham for GBP 3.9 million, representing 7.3% net initial yield. It purchased Halfords and B&Q on Cambridge Road in Haverhill from LaSalle UK Ventures for GBP 5.9 million, representing 6.7% net initial yield.
Metric was advised by Harvey Spack Field and Bidwells on Nottingham and Haverhill deals, respectively. For the full story, go to PropertyMall .
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