Tristan Capital Partners has put the Westside office campus in Hemel Hempstead up for sale, Property Week can reveal.
The firm has instructed JLL to sell the 190,000 sq ft scheme for £63.3m, reflecting an initial yield of 6.5%.
Westside, which is managed by Alchemy Asset Management, comprises four office buildings and is now almost fully let to seven tenants. It generates £4.3m a year and includes 731 car parking spaces.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts