Global real estate advisor CBRE has been instructed to seek offers on a prime motorway service area (MSA), South Mimms Services in Hertfordshire.
Offers are being sought in excess of £30m, reflecting a net initial yield of 5%.
South Mimms Services is a well-established MSA, situated at the intersection of Junction 23 of the M25 and Junction 1 of the A1 (M) The property was constructed in 1987 as one of the first MSAs on the M25 and is currently operated by Welcome Break, for a further 14...
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