Acting on behalf of private clients, Edwards & Co acquired an 18,184 sq ft industrial unit in Bolton for £1,510,000, reflecting a net initial yield of 6.25%.
The Print Hub, situated on Wingates Industrial Estate, is a modern, well specified self-contained unit let on a new 10 year lease to BHW Group Ltd at an annual rent of £100,000.
Martin Hamer of Edwards & Co comments “We were delighted to acquire such a well located unit in a sector of the market where investor demand is strong. The unit is in excellent condition and offers good income security for our client.”
Matthews & Goodman acted on behalf of the Vendor.
