Dorrington has bought Gullivers house in Clerkenwell, London from Invista Real Estate for £22m.

The deal for the refurbished 54,400 sq ft office building represents an initial yield of 6%. It is let to Gullivers Travel Associates for a further 14 years at a yearly rent of £1.4m. There is a rent review in 2012 and a break in year 9.

GVA Grimley advised Invista and Richard Susskind & Co advised Dorrington.

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