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M&S Stockley Park IT base up for sale

Thu 18 April 2013, 11:59 am

Marks & Spencer's 108,256 sq feet global IT headquarters at Stockley Park is being marketed for £30.37 million, according to reports.

Tiger Developments has instructed Knight Frank to sell the Longwalk Road premises leased by the retailler, property website CoStar reported.

It said Marks & Spencer still had 13.5 years remaining on its lease and the guide price represented a 6.75 per cent yield.

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