Highcroft Investments : HCFT – disposal

Highcroft Investments has sold a property it owns in Beckenham for £1m. The 5,913 sq ft building is let to Superdrug on a rent of £72,000 on a deal that expires in June 2018. The sale price was 25% more than its valuation at 31 December 2013. Highcroft intends to use the sale proceeds to invest in larger properties.

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