The property will generate a yearly income of £1.9million for its new owners. :
The sales represents a net initial yield of 5.15 per cent for Aviva Investors and will generate an annual income of £1.9million for the new owners. The 89,010 sq ft waterside office building has been let out to law firm Bevan Brittan LLP for eight years, with the next rent review in March 2022. Global real estate company CBRE advised Aviva Investors on the sale and Hartnell Taylor Cook advised CCLA, which were representing Local Authorities Mutual Investment Trust.