New Investment Acquisition in Rotherham
On behalf of a Private Client we are pleased to confirm the acquisition of Amber Business Centre Rotherham. Located adjacent to the town centre, the building is a multi-let Industrial Terrace which offers Asset Management opportunities and the ability to add value in the short term. Good to complete and looking for similar opportunities across […]
Successful Acquisition of Two Prime Retail Units.
Acting on behalf of a private client, Brackenridge Hanson Tate identified and successfully negotiated the acquisition of two prime retail units that were let to 02 and Pandora. Both units were let off rebased rents and produced a total rent of £100,000 pa. The property was acquired for £1,365,000 equating to a net initial yield […]
Successful Acquisition of Units 1- 7 Dakota Business Park
Brackenridge Hanson Tate have recently acquired this multi let business park for £1,815,000 equating to 9.61% NIY and a capital value of £92.55 psf. The property extending to approximately 19,000 sq. ft. was fully let with tenants including DVSA and OWL Live and included additional ground rent income. Thank you to Gurminder Manak from Real Estate […]
Acquisition of 14/15 Westborough, Scarborough
Brackenridge Hanson Tate have recently advised private clients on the acquisition of the above property let to Mountain Warehouse on a re-based rent at 9% yield. Tom Heptonstall at Fawcett Mead acted for the vendor.
Industrial Investment Acquisition York
On behalf of a private SIPP investor, we acquired 9-20 Alan Farnaby Way, Sheriff Hutton Industrial Estate, York, YO60 6PG, a detached freehold warehouse extending to 566 sq.m (6,088 sq.ft) for £505,000. Simultaneously with the acquisition of the freehold, Solinear Ltd entered a new 10 year FRI lease with a break at the 5th year […]
