Property overview

Lloyds Pharmacy, Abbey Lane, Woodseats, Sheffield


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May 2008

Franck-Steier Price have concluded the sale of a retail unit in Sheffield to a private investor represented by King Sturge.

The property is a ground floor unit let to Lloyds Pharmacy Limited on a 10 year lease from 8 December 2006 at a rent of £25,000 per annum.

The property was sold for £405,000 which represented a net initial yield of 5.9%..

Franck-Steier Price acted for a private investor.