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.
Industrial Investment on Marsh Barton Trading Estate – Now Sold
17
Jul