Mixed use Tower Court in York sold for £6.13 million

21 February 2018

The Trustees of the Chatsworth Settlement, represented by Savills, has sold Tower Court in York a retail, office and healthcare property, to Boultbee Brooks Real Estate for £6.13 million.

Tower Court is let to 10 tenants including Farmfoods, Regus, a dental practice and a medical centre. On a site of 3.04 acres the property generates an annual rental income of £444,881 and provides a weighted average unexpired lease term of nine years. Located 3.5 miles north of York City Centre and close to Clifton Moor Retail Park the property is close to occupiers including BMW, Dunelm and a Vue Cinema. 

Mark Wilson, associate director in the investment team at Savills Leeds, comments: “We are pleased to have secured new owners for Tower Court on behalf of our client. It was a great result following strong interest in the property.”

Aurum Real Estate  advised the purchaser.


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