INDUSTRIAL WAREHOUSE INVESTMENT SOLD

INDUSTRIAL WAREHOUSE INVESTMENT SOLD

Acting on behalf of private clients Tim Harries & Partners have successfully sold a modern industrial warehouse investment in Swadlincote, Derbyshire.

Enjoying a strategic location on the established distribution and industrial park, Tetron Point the property benefits from excellent links to the region’s major motorway network and airports.

Let to Swadlincote-headquartered Brunel Healthcare Manufacturing Limited on a lease with 13 years unexpired, the freehold investment generated significant interest and sold, after competitive bidding to a South-East based charity for a price in excess of £4 million, representing a net initial yield of sub 6.5% after costs.