Salmon Harvester Properties (SHP) Salmon Harvester Properties (SHP) has sold the office building known as 2 Queen’s Square on Ascot Business Park to investor, Queen’s Square Holdings Limited (QSHL).
The price of £3.120M for the 9,476 sq. ft. building shows an initial yield of 6.9% on the topped-up rental income from the four occupational leases in the building.
Salmon Director Pat Mahoney said: “The price achieved reflects the high quality of the investment and its excellent location. This follows our team’s focused activity in achieving full letting of 2 Queen’s Square to secure the strong income stream.”
The remaining modern grade A office buildings at Ascot Business Park are available to investors or owner occupiers to purchase with sizes ranging from 1,667 sq ft up to 14,200 sq ft.
HSM advised SHP and Strutt & Parker acted for QSHL.
ASCOT BUSINESS PARK | OFFICES NEAR ASCOT STATION
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Salmon Harvester Properties Ltd.
