Syngenta has just leased the entire building for 15 years at an annual rent of £1.125 million ($1.65 million), reflecting just less than £25 ($36.80) per sf. This implies a net initial yield of 8%.
Topland Chairman and Chief Executive Sol Zakay said: 'This is another high quality property in an excellent location with great prospects for rental growth. Catella Property Consultants advised Topland and Knight Frank advised the vendor.
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