Value Add Project

11 Waterloo Street

Birmingham

This Grade II* listed former bank chambers of 22,000 sq ft was acquired by Nurton for £XXm in late 2007 in part for our own occupation. The ground floor is a bar & restaurant let to Marstons Plc providing long term secure income which has increased by 42% since the purchase. The upper office floors, including our own offices, are multi-let and are refurbished on a rolling basis. This is a core holding producing an annual surplus of £XX and a running yield of XX%