January 11, 2001
Woburn House, 155 Falcon Road, Clapham, London SW11
The Freehold office building has been sold by Nordic Star Investments to Redwood Property for over £1.6m, reflecting a net initial yield of circa 7.4%. The property comprises 8,700sq ft (802 sq m) let to The Secretary of State for 15 years from May 2000, currently producing £126,000 per annum.
Godfrey Vaughan acted for Nordic Star.