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Projects

Acquisition of Prime Builders Merchant

Client
Confidential

Location
Worthing

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Acquisition of a prime builder’s merchant in Worthing for a retained private family trust.

Recently developed (2019) builders’ merchant, showroom and trade counter facility on self-contained site located in Worthing.

Let to Travis Perkins for 15 years providing £320,000 per annum.

5 yearly upward only open market rent reviews with any increase capped at 21.67%. ie 4% pa compound.

Get in touch with the team

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Andrew Groves

Managing Partner, Commercial

Known for his tenacity and ability to unearth unusual opportunities, Andrew leads our London office and capital markets team.

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Thomas Handy

Surveyor, Capital Markets

Tom is an experienced surveyor specialising in the acquisition and disposal of investment properties across the UK. His focus lies within the Oxford to Cambridge Growth Corridor and other key regional markets, where he supports clients in identifying, analysing, and delivering strategic investment opportunities.

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