Industrial Investment on Marsh Barton Trading Estate – Now Sold

Units 1 – 5 Elm Units, Grace Road, Marsh Barton have now been sold to a regional investor. The property comprised a terrace of 5 similar concrete portal framed warehouses all currently let. The current rental at £75,500 p.a.(£4.75 p.s.f.) would show an investor a yield of 9.27% at the asking price of £770,000. The disposal is one of the few transactions in the investment market within this sector at the moment due to the lack of existing stock.