Long-term upgrade plans for our newest building, 31 Ormside
We’ve acquired another building and our newest tenants are some of the “safest” around!
31 Ormside is let on a 3-year fully repairing basis to SAFE I.S., a fire safety and training company in Redhill, East Surrey.
With plenty of local amenities in the close-by town centre and a well connected train station, our tenants are in a very pleasant position.
And so are we! With a strong rental yield and opportunities to enact a long-term upgrade plan, we’re very excited about 31 Ormside. We’re focusing on lighting first - a quick win - to improve the unit’s energy efficiency. Working with our tenant, we will tackle the challenge of improving the environmental performance of this older building.
It’s been a busy buying period at Preston & Preston You can find out more about our latest acquisitions on our case studies page here.
If you’d like to talk more about investing opportunities, please drop me a message.
Formed in 2016, Preston & Preston Capital is a British property investment firm focused on long term ownership, leasing and active management of mixed-use, commercial and light industrial properties. We are constantly seeking new assets to develop and add to our growing high-yield portfolio.
