On behalf of a private investor, Red Kite has bought 10 New George Street, Plymouth.
This property is currently let to Evans Retail Properties LTD for a period of 10 years commencing 20th January 2009 for a net rent of £171,000p.a. on a full repairing and insuring lease.
Red Kite will asset manage the lease renewal at expiry.
Allsop acted on behalf of the vendor and London & Lothian Group acted on behalf of Red Kite.