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UK property: An age of extremes

On 18 October, the Boots store above Bond Street tube station sold for £28.1m - 18 per cent above book value for the seller, F&C Commercial Property . The rent of £1,075,000 a year will give the Hong Kong buyer a cash yield of just 3.62 per cent, net of stamp duty and other transaction costs.

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By Stephen Wilmot,
21 December 2012

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