Scottish Widows Investment Partnership, advised by Edgerley Simpson Howe, has acquired the DSG Retail unit at Stony Lane, Christchurch for £3.62 million, reflecting a net initial yield of 7.51%.
The 18,090 sq ft unit is let to DSG Retail at a rent of £287,000 pa with an unexpired lease term of 11 years. Harvey Spack Field advised the private vendor.
