Wereldhave Property Management has sold 63-71 Northgate Street in Gloucester to Mountcharm for £3m – a 7% yield.
The 43,500 sq ft property is let to Sainsbury’s on a 10-year lease at £235,000 pa, with a tenant break in 2016.
Briant Champion Long acted for Wereldhave; Lawson and Partners advised Mountcharm.
samantha.mcclary@estatesgazette.com
