Long let department store investment
41,500 sq ft over three floors
Let to Marks & Spencer Plc on 2 leases
AWULT of 47.25 years
Total income of £325,000 per annum
Reviewed 10 yearly to the open market rental value
Held Long Leasehold for 999 years from 1865
Quoting £5,900,000
5.18% NIY or 18.2 YP