Disposal of Aerodrome House to private investor.
Sold for £835,625, net initial yield 9.25% and annual income of £87,500.
Retained for ongoing asset management.
Office Disposal Advice - Aerodrome House, Gosport.
7,096
sq ft
two-storey office building with two income producing tenants.
£835,625
sale price
9.25%
net initial yield
Challenge
Vail Williams was appointed by a private investor to dispose of Aerodrome House, a two-storey office building in Gosport, Hampshire. Acting in a competitive but yield-sensitive market, our investment team focused on promoting the income security and potential yield of the asset when going out to market.
Having secured a successful sale, we were retained by the purchaser to proactively manage the asset post-acquisition to protect income, maintain the building, and ensure its long-term performance.
How we helped
- Advised on the freehold investment sale, positioning the property to attract investors seeking strong income returns in a competitive regional office market.
- Marketed the asset, highlighting its secure income profile and established tenants, including Southern Health NHS Foundation Trust and accountants, Brent King.
- Demonstrated the strength of the investment through a 9.25% net initial yield, appealing to yield-driven buyers.
- Successfully secured a private investor to purchase the income producing asset.
“Vail Williams navigated a competitive, yield-sensitive market with confidence, securing a strong outcome while clearly demonstrating the asset’s income security and value. Crucially, they also ensured a seamless transition post-acquisition for the buyer, putting in place professional management to protect income and support the asset’s long-term performance.”
Private investor for whom Vail Williams acted.
Result
- Office investment experts completed the deal, securing the sale for the guide price of £835,625.
- Following completion, our multi-disciplinary team was retained by the new owner to provide ongoing asset management, including:
- Management of external communal areas, roads, and landscaping.
- Oversight of the building structure, with tenants responsible for internal upkeep.
- Support for the long-term performance and value of the asset.
Get in touch
If you think you may need similar support to that described here, or you would simply want to have an informal chat with a member of our team to discuss your property needs, get in touch.
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