Invista, advised by Strutt & Parker, has sold the freehold interest in Westfields House, London Road, High Wycombe, to a private investor for £3.3m, reflecting a net initial yield of 11.45%.
Westfields House is prominently located on the A40 London Road 1.5 miles to the east of High Wycombe town centre. The office building totals 26,340 sq ft of accommodation spread over ground and six upper floors and is let to Geoffrey Osborne Limited and Staples UK Limited on four separate leases expiring in December 2017. The property generates a rental income of £399,473 per annum.
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