Chartwell Land - Retail - Winchester, High Street

Date: 03 Feb 2000

Chartwell Land has sold the freehold interest in 125 High Street, Winchester to Abraham Consolidated Limited for £1.457 million. This reflects a net initial yield of 5.21%.

The property was redeveloped by Chartwell Land and provides 207.2 sq m (2,230 sq ft) of retail space. It was let to Thornton plc on a new 15 year lease from January 1999 at a gross rental of £80,000 per annum, equating to £119 Zone A.

Churston Heard acted for Chartwell Land and Catella Property Consultants acted for Abraham Consolidated Limited.

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