Property consultants sell law firm’s headquarters
Harris Lamb has sold a law firm’s Telford headquarters in a £1.8m sale and leaseback investment deal.
The property consultants advised Kaye Developments on its three-storey headquarters, The Foundry, on Euston Way Business Park, before placing it on the investment market.
The 15,861 sq ft property will be let to Martin Kaye on a 10-year lease at an initial rent of £170,506 per annum. The second floor was sublet to Incessant Technologies in 2016 at a passing rent of £56,810 per annum.
Alex Eagleton of Harris Lamb’s inve... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
