TITLE

Harman Healy gets the cream with Devon lot

AUTHOR(S)
Cavanagh, Elaine
PUB. DATE
October 2005
SOURCE
EG: Estates Gazette;10/1/2005, Issue 539, p113
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that a small bank in Devon, England produced Harman Healy Commercial's strongest yield at its September 2005 sale. The property, let to HSBC and producing £11,500 pa, was guided at £200,000 to £210,000 and sold for £233,000. The sale raised around £13 million and achieved a success rate on the day of 76%. Post activity then took the figures to £14 million and 79%. Auctioneer Felix Rigg said the day was a story of packages. And the catalogue featured portfolios from Provence, Wine Seller and Forbuoys--the latter achieving a yield band of at worst 6.3% and at best 5.6%.
ACCESSION #
18596262

 

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