Re: Re: Bewleys

@Diaspora wrote:

I really am begining to question the rationale behind the purchase, as I feel the initial yield of 7.43% adequately reflects the ‘protected status’ of the property.

Given that prime retail yields at the time of the transaction were c 4% it is fair to discount current rental vales by about 40-45% thus giving a rental cost well below the market value.

You wouldn’t get that type of return from a bank, it is the fools who sold it that I think were mad.

When are Zara movin in?