News Archive

Haywards Heath office investment sold

Chaucer Estates Ltd, an investment subsidiary of St Modwen Properties PLC, has sold a fully let 255 sq m (2,750 sq ft) two-storey office building in Clair Road, Haywards Heath, Sussex, to a local property investment company.

The sale price of £345,000 equates to a net initial yield of about 10.75%.

Charles Evans of St Modwen, said: “This sale represents another successful element in our on-going programme of tidying up our property portfolio.”

St Modwen was represented by Meyrick Associates Ltd.

For further information contact Charles Evans of St Modwen on 020 7499 5666. Issued by Paul Raymer of Howle Chapman Raymer (0121-236-7771).