DisposalLondon
Woodman Works, Wimbledon
Sale of Woodman Works, Durnsford Road, Wimbledon.
- Freehold disposal of Woodman Works, Durnsford Road, Wimbledon to Tritax Property Income Fund (TPIF).
- The property comprises a terrace of 10 units providing 19,812 sq ft of distribution, storage, office and gym accommodation.
- The purchase price of £6,500,000 reflected a net initial yield of 3.50% (4.80% allowing for top up of vacant units) and a capital value of £328 per sq ft.
