£12.5m Tunbridge Wells retail sale

F&C Property Investment Management, on behalf of Electricity Supply Nominees, has sold 2/14 Calverley Road, Tunbridge Wells, to Prudential Property Investment Managers, acting for Scottish Amicable, for £12.25m. The deal represents a net initial yield of 6.5%. Rents are £120-£150 zone A. Cushman & Wakefield Healey & Baker acted for ...

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