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Custodian buys Manchester office

Custodian REIT has bought a 20,000 sq ft office in Manchester for £6.25m.

The multi-let six-floor building, on Fountain Street, is let to Leyton UK, Meridian Healthcomms, Venditan and Fourthline for £406,704 per annum.

The deal reflects a net initial yield of 6.1%.

 

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