Wilkinson Williams

Press Release

Morrisons buy freehold of store at Sheffield

Legal & General Linked Life Funds have sold the freehold of a Morrisons foodstore to the operator for £21 million. On the recently reviewed rent, equating to about £19.25 per sq ft over this store of some 51,000 sq ft, this equated to a net initial yield of 5.00%. Wilkinson Williams acted for Morrisons.

For further information please contact Paul Wilkinson

p.wilkinson@wilkinsonwilliams.co.uk