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Harmsworth buys Yate B&Q

Harmsworth Pooled Property Unit Trust has bought a 37,000 sq ft B&Q retail warehouse in Yate from Co-operative Estates for £6.78m reflecting a net initial yield of 6.75%.
By Jenny Goodman
January 28, 2015 | 5:49 P.M.

The store is let to B&Q on a 35 year lease which expires in August 2021, at a passing rental of £484,396 pa. Located on Station Road the property is within close proximity of the recently extended Yate Shopping Centre.

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