COMMERCIAL PROPERTY

Prices and Yields

Office
Land values	From £250,000 per acre
Rents	£12 - £14 per sq ft (new)
Design & build	£140 - £175 per sq ft
Yields	6% - 8%

Retail (non-food, out of centre)
Land values	From £750,000 per acre
Rents	£15 - £25 per sq ft (new)
Yields	5.5% - 7.5%

Housing
Land values (suburban)	£600,000 - £800,000 per acre
Land values (prime city centre for high density/high rise development)	From £1,000,000 per acre
4 bedroom detached house	£225,000 - £275,000
Executive/Prestige	£300,000+

Industrial
Land values	From £250,000 per acre (serviced)
Rent	£4.50 - £6.00 per sq ft
Design & build	£80 - £100 per sq ft
Yields	7% - 8%

Last revised: May 2008

Hodgson Elkington LLP, 1 Oakwood Road, Doddington Road, Lincoln, LN6 3LH, United Kingdom

Hodgson Elkington are Chartered Surveyors based in the City of Lincoln acting as: Commercial Property Agents, Residential Letting Agents, Property Management Agents and offering Professional Services for Property and Land.

Hodgson Elkington is a registered trademark and trading name of Hodgson Elkington LLP.
Registered in England No. OC332747.
Registered Office: 1 Oakwood Road, Doddington Road, Lincoln, LN6 3LH, United Kingdom.