Hill Samuel Property Trust have bought an office investment at West Lodge, Station Approach, West By-fleet, from Brookmount Trading for £2.05m.
The 10,000-sq ft building has units at ground level and four upper floors, with parking for 22 cars. It is let to Trafalgar House Developments at a rent of £120,000 pa and the deal represents a yield of 5.7%, rising to 8.75% at review in September 1989.
Allsop & Co acted for Hill Samuel, while Nelson Bakewell represented Brookmount.
