Our investment team concluded the unconditional sale of two adjacent industrial buildings just off the main A23 in August.
Located on the edge of a Major Development Opportunity Site, the units appear to offer significant mixed-use development potential, and our marketing generated interest from a number of keen purchasers.
Guiding at £2.4m; we eventually achieved a whopping £3.2m for the freehold interest which equated to almost £275/sqft, and a NIY of just 2.9%!!
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