Partnership No.2

Retail Warehouse Development – Sheffield

  • A total acquisition price of £24m in November 2003
  • Forward funding for a new retail warehouse development of circa 108,000 square feet
  • Pre-let to B&Q - 25 year FRI lease
  • Sold in September 2005 for £27.7m, the SI Limited Partnership No 2 provided an investor return of 40% over the 20 month hold period
Status:
Sold

Return:
40%