Acting jointly with Allsop Auction House, Wadham & Isherwood are very pleased to announce the sale of Fountains Mall in Odiham. The property which comprises a small shopping arcade of 7 retail units with offices above and 2 further attached offices behind sold for £1.075M a gross initial yield of 10.63%.
The investment proved very popular with both local and London based investors with a high number of viewings and several parties bidding in the room.
Clearly there is strong demand for this type of investment which provides an excellent return with active management opportunities. We have a number of underbidders who have cash to invest and are keen to acquire similar investments in the local area so if you have a property or know of a property that may be available to buy please contact Nick Reeve 01252 710822.