One Suffolk Way Achieves Sale for £6.1M

The RO Group has completed the sale of One Suffolk Way, a fully occupied multi-let office building in Sevenoaks, UK, for £6.1 million. This transaction reinforces the company's strategy to unlock value from its existing property portfolio. The building is notable for its premier location near Sevenoaks town center and for holding strong environmental credentials, including an EPC B rating and a Fitwel 2-Star Certification. These features have helped the property to command premium office rents in the town. The deal follows the recent refurbishment of the building and the successful letting of its last vacant floor. Nick Cashmore, Investment Director of the RO Group, emphasized that the proceeds will be reinvested into strategic acquisitions, particularly in industrial and roadside sectors, aligning with the firm's ongoing investment strategy. The location benefits from strong transportation links to central London and local amenities, enhancing its attractiveness as a real estate asset.