Highcroft Investments : HCFT – disposal

Highcroft Investments has sold a property it owns in Beckenham for £1m. The 5,913 sq ft building is let to Superdrug on a rent of £72,000 on a deal that expires in June 2018. The sale price was 25% more than its valuation at 31 December 2013. Highcroft intends to use the sale proceeds to invest in larger properties.

James Carthew
Written By James Carthew

Head of Investment Company Research

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