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Morley buys Hanley Sainsbury’s for £21m

Morley Fund Management has bought a 61,000 sq ft Sainsbury’s in Hanley, Stoke-on-Trent, from British Land for £21m – a 4.75% yield.


The property is let to the supermarket giant for a further 18 years. GVA Grimley advised Morley; Wilkinson Williams acted for British Land.

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