Golfrate buys Sherlock Holmes Hotel

11 April 2003

Private property company Golfrate has bought the Sherlock Holmes Hotel on London's Baker Street from Lydford Estates for £12.6m. The deal reflects a net initial yield of 4.6% off a rent of £613,000 a year, rising to a reversionary yield of 6.65% in September 2005. CB Hillier Parker and ...

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