Egan Lawson - Jermyn Street, London

Date: 14 Jul 2009

Egan Lawson, acting on behalf of Mountcharm Limited has bought an office and retail investment at 101-102 Jermyn Street and Apple Tree Yard, London, SW1 for £7.5m from CCLA reflecting a net initial yield of 6.5%.
The 10,376 sq ft building is let to multiple tenants including retail group DAKS Simpson Group PLC for a further 10 years. The investment produces a rent of £518,282 Per annum. The vendor was advised by Colliers Godfrey Vaughan.

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