INVESTMENT SALE OF CITY CENTRE COFFEE SHOP

INVESTMENT SALE OF CITY CENTRE COFFEE SHOP

Acting on behalf of a private investor client Tim Harries & Partners negotiated the sale of this freehold café bar investment to a private pension fund.

Let to national café bar operator Café Nero, on a lease expiring in 2025, the property occupies a prime city centre pedestrianised location at the heart of the established leisure quarter.

The property was sold for a price of £660,000 which represented a net initial yield of 6.4%.