Investment purchased when property was newly developed and let to Leapfrog Nurseries for a term of 35 years.
The purchase price reflected 8.43% NIY
The cathedral city of Salisbury is a significant commercial and administrative centre situated in the county of Wiltshire approximately 32 miles south east of Bristol, 24 miles to the north west of Southampton and 90 miles south west of London. The city is very affluent and Prestigic recognised the long term worth of owning an asset in this location & where the growth in the number of young households was obvious.
The property, which was let on a long lease and which has fixed rental uplifts. It is thus a typical example of the type of deal Prestigic Holdings buys.