We are instructed to seek offers in excess of £1,950,000 exclusive of VAT. A purchase at this level reflects a net initial yield of approximately 8.00%, after purchaser’s costs. The property is offered subject to a new 15-year full repairing and insuring lease to Logitech Limited, the initial rent will be £165,912 per annum payable quarterly in advance. Rent reviews will be 5 yearly, upward only reviews geared to the Retail Price Index per annum (Collared 2.00%, Capped 4.00%).