Mixed Use Investment Acquired in Durham


LexiconCole has recently acquired this 8,500 sqft grade II Listed period building in the well-renowned Aykley Heads area of Durham. Secure Government office income accounts for around 60% of the rent with asset management opportunities available on the other part of the building (formerly used as a restaurant). The deal shows our client a double digit net initial yield with potential to grow rental and capital value in due course.