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Invista sells York properties for £28m

 


Invista Real Estate is selling 1-5 Spurriergate and 1-3 High Ousegate in York for £28m – a 5.25% initial yield.


 


The freehold is let to retailers Zara, H&M, Game, William Hill and Phones 4U for more than 10 years.


 


It also comprises 14 flats on the upper levels.


 


The total passing rent is £1.5m pa. CBRE is advising.


 


annabel.dixon@estatesgazette.com

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