INVESTMENT SALE - DIXONS MOTORS, LEEDS ROAD, HUDDERSFIELD
AWS completed the sale of two motor dealerships located adjacent to each other and operated as Citroen and Nissan dealerships on behalf of a property company Client in December 2006.Completion Date: 30/12/2006
The properties were let on co-terminus leases to Dixons Motors plc for a term of 30 years from November 2001 and fixed uplifts at 5 yearly intervals throughout.The combined passing rental was £137,190 per annum with a sale price of £2,525,000 showing a net initial yield of 5.1%.