A FARNHAM town-centre office property in a prominent location has been sold for more than £1 million.

Gorse Lane Partnership, advised by Curchod & Co, has sold the investment of a 6,447 sq ft office property at St Stephens House, Farnham, for £1.5 million, to Ark Properties.

The sale of the self-contained three-storey, town-centre office, which is let to three separate tenants, reflects a yield of 7.1 per cent.

Nick Reeve, partner of Curchod & Co LLP, said: “Despite the pandemic, the market’s appetite for investments such as St Stephens House remains strong.

“Curchod & Co was asked to quietly offer the premises to a small handful of investors, and we were quickly able to generate a number of bids, resulting in the successful sale to Ark Properties.”

Anyone who would like more information about Curchod & Co should visit its website at https://www.curchodandco.com/ for further details.