Family company RO Group has sold its office asset in Sevenoaks to a local private investor for £6.1m, which reflects a net initially yield of 8.2%.
The office asset at One Suffolk Way recently underwent a refurbishment, which pushed its sustainability credentials up to an EPC B rating.
This, in turn, helped the building achieve near-record rents for the area at £36 per sq ft to Birketts LLP, just a touch behind the £36.50 per sq ft record set by Acorn Insurance at 16 South Park.
