Keningtons - Retail - Washington, Concord, Victoria Road, Arndale House

Date: 06 Aug 1998

Retail parade totalling 2910 sq m (31,000 sq.ft) sold to clients of Keningtons by London & City Estates Ltd for £1.22 million reflecting a net initial yield of 9.6%. The building is let to tenants including Boots, Barclays, Greggs, Blockbuster, Victoria Wine, and Your More Stores generating an income of £121,625 per annum. Storey Sons & Parker (0191 232 6291) represented the vendor. Keningtons (0171 224 2222) represented the purchaser.

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