Inverness Investment

Inverness – Investment

This property was purchased vacant with an agreement for lease with Revolution Bars Ltd (cross guaranteed by Revolucion De Cuba Ltd). The agreement for lease is for a term of 25 years with a tenant’s break option in the 20th
The net yield to Prestigic Holdings after strip out costs and rent free is 9.2% which represents an above market yield for a property let for this length of time.
The property is also in the main leisure pitch in Inverness which represents good rental growth potential.