1980s legacy sold for £18.5m

Reflecting an initial yield of 7.5%, the vendors Midhurst Investment and BAA Lynton have offloaded the 9,820 sq m (105,710 sq ft) office as part of baa Lynton’s ongoing rationalisation of its non-airport holdings. The building generates an annual income of just over £1.44m. Tenants include Tarmac Construction and Regus. ...

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