Riverview House - AGL Advises Private Trust to Dispose of Freehold Interest

Posted by agllondon on April 26, 2018

A private trust has disposed of their freehold interest in Riverview House, Godalming for £3.95m, reflecting a net yield of 4.75% and £234psf. The property is let to Mti Technology until November 2022, subject to break in December 2018. The new owners intend to redevelop for residential. AGL advised on the sale and the original purchase in August 2013 for £2.35m. The investment showed an ungeared IRR of c 20%.

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