Caldecotte Lake Business Park
Milton Keynes
Cyril Leonard advised Galliard Homes together with private investor clients of Mutual Finance to purchase the Caldecotte Lakes Business Park in Milton Keynes for a price in the region of £35,250,000 to show a net initial yield of 7.25% at a price equivalent to £205 per sq ft.
Caldecotte Lake Business Park comprises 7 Grade A office buildings totalling 172,000 sq ft set in 11 acres of landscaped grounds. The buildings are multi-let to 19 tenants including Royal Mail, Rightmove, Countrywide, Universal Music, Gatehouse Bank and Goldman Sachs.
Location: | Buckinghamshire |
Type: |
Office
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Value: | £35.25m |
Service(s): |
172,000 sq ft £35.25m
|
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