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Whybrow Chartered Surveyors Start 2016 With a Bang!
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Ewan Dodds

BSc FRICS


01206 577667

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Whybrow Chartered Surveyors Start 2016 With a Bang!

Thursday, 04 February 2016

  

Following their earlier adjoining sale of a substantial refurbished property let to the Royal British Legion, a prime High Street investment let to the fast growing chain, Bills Restaurants Ltd has completed in central Colchester.

 

Whybrow Chartered Surveyors agreed the investment sale to a private UK based Property Company, sealing the deal on December 24th 2015. Bills Restaurant hold the property which extends to 4,700sq.ft over ground basement and upper floors and lies opposite Marks and Spencer on a 20 year lease at a headline rent of £85,000 per annum.

 

Being the second investment sale that Whybrow have recently completed for our clients, City and Country Group Executive Pension Fund, the acting surveyor Ewan Dodds BSc FRICS stated ‘’we are delighted that a high profile national tenant such as Bills Restaurant have opened in Colchester, reinforcing the appeal of the town to major occupiers and we welcome them to the High Street. Our clients are delighted with the sale to a major investor demonstrating their real commitment to the town centre, and wish the investors all the success’’.

 

The successful letting and sale of both the Royal British Legion and Bills investments is an important part for the overall strategy for the site with, the residential redevelopment of Angel’s Courtyard to the rear, being carried out by City & Country, well advanced and with a number of sales already achieved.

 

Experiencing an increase in retail investments, Whybrow are progressively strengthening their portfolio. Also advertising 75 Crouch Street investment, the knowledge required to sell these high street portfolio investments is key to achieving happiness for all parties. All enquiries to call 01206 577667 ext 1.

 

ENDS

 

Editor Notes

 

Acting Surveyor:

Ewan Dodds BSc FRICS

Ewan.dodds@whybrow.net

Contact: 01206 577667 ext 1

 

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