Malcolm Stuart Property Consultants LLP purchased the freehold investment on behalf of Replay Associates at a transactions price of £950,000, reflecting a net initial yield of 6.3%. Barclays Currently pay £63,250 per annum with a lease renewal outstanding on which MSPC are also acting. Senior Partner, Malcolm Stuart gave his thoughts on the acquisition:- “Ilkley by and large has remained extremely strong in terms of rental levels and is one of a very select number of Yorkshire locations that has seen rental increases. We would be hopeful of a rental increase on lease renewal here which obviously provides increased value on reversion”
29 February 2016: Commercial Property Values Past Peak........
20 July 2015: UK prime yields fall to lowest point since 2007......
29 January 2015: UK Economic Outlook for 2015.............................
29 January 2015: Record quarter for investment in UK Commercial Property Market
10 December 2014: RICS initial response to the Autumn Statement.....
16 July 2014: Copley Enterprise Park, Tadcaster - Fully Let
23 December 2013: MSPC LLP advises on the purchase of the Golden Lion, Leyburn......
11 December 2013: Leeds office take-up heading to pre-recessionary levels......
11 December 2013: AUTUMN STATEMENT - BUSINESS RATES
10 December 2013: MSPC LLP FINISHING THE YEAR STRONG - MUTLIPLE ACQUISITIONS AND DISPOSALS
22 April 2013: Lending to business falls by £4.8bn...............
15 April 2013: Landlords Count The Cost Of Vacant Property.....
13 February 2013: Exciting Development Opportunity
21 January 2013: Late year flurry of activity by Woodheads in Wakefieldâ¦