Nelson Bakewell - Retail - Berkshire, Windsor, 2 Thames Street

Date: 07 Aug 1998

Lloyds TSB Group Plc, advised by Nelson Bakewell (0171 544 2000) has sold 2 Thames Street, Windsor, Berkshire for £1.366m, reflecting a net initial yield of 6.29%, after normal purchasers costs of 4.75%.

The property totalling approximately 448 sq m (4,825 sq ft) arranged on Basement, Ground and three upper floors currently produces £90,000 per annum and expires in June 2011. The rent reflects a Zone A of £86 1.10 psm (£80 Zone A). Mason Owen and Partners (0151 242 3000) represented the purchaser.

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