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Investment
Newport
Acting on behalf of ETD (UK) Ltd, Fletcher Morgan has sold 40/41 Llanarth Street, Newport to NRB Properties Ltd.
The retail investment premises were sold for £1,155,000 which
represents a net initial yield of 5.44%.
The premises are let on a 25-year lease from September 1986 at £66,500 to Stead and Simpson LLP. NRB Properties Ltd were represented by King Sturge (Cardiff).