MAY 2007
HMG ACQUIRES AT AUCTION

HMG has purchased the freehold interest in 256
Stockport Road, Altrincham at Allsop’s May 2007 auction. The property is let to William Hill on a new ten year lease with a residential flat above. The price paid was £520,000 and the initial rent £29,160 per annum exclusive. The net initial yield is 5.3%. HMG owns the adjoining Charles Court scheme which comprises eight retail units with residential flats above.

OTHER NEWS

HMG SET TO REALISE RETAIL OPPORTUNITIES IN BURTON

EARLY PLANS SUBMITTED FOR PRESTWICH REDEVELOPMENT

HMG APPOINT RICKITT MITCHELL DIRECTOR AS CHAIRMAN

HMG SEALS QUICK DEAL DESPITE COMMERCIAL PROPERTY SLOW-DOWN

REPORTING ON A SUCCESSFUL YEAR

HMG ACQUIRES AT AUCTION

HMG ACQUIRES AGAIN IN WREXHAM