Acquisition of freehold multi-let industrial investment in Cramlington
We are delighted to have advised Kildrummy (Cramlington) Ltd on the acquisition of South Nelson Industrial Estate, Cramlington, a freehold multi-let industrial investment. The property, which totals 31,762 sq.ft, comprises 10 units ranging in size from 2,118 sq.ft. to 5,143 sq.ft and produces a current income of £109,200 pax with 1 vacant unit and highly […]
Investment sale of Betfred in Pontefract completes!
In the twelfth and final deal of our 12 deals of Christmas, acting on behalf of Woodhead Investments we are pleased to have completed the investment sale of 3 Market Place, Pontefract let to Betfred for a price of £290,000 reflecting a net initial yield of 10.44%. The property is let to Done Brothers (Cash […]
Another investment sale fresh out of the oven!
Following the negotiation of the lease renewal, we successfully sold a prime retail investment in Ashby De La Zouch let to Greggs to private clients of Andrew Butcher. The property sold for £205,000 representing a Net Initial Yield of 9.30%. Prior to the sale, Ben Walker of BHT successfully agreed a new lease with Greggs […]
Acquisition of a sale and leaseback portfolio let to Heron Foods
On the fifth of our 12 deals of Christmas, acting on behalf of a private investor we negotiated the acquisition of a sale and leaseback portfolio let to Heron Foods Ltd. All the properties were held on 20 year FRI leases let to Heron Foods Ltd benefitting from 5 yearly upwards only rent reviews increasing […]
Another retail investment sold in Manchester!
On behalf of a private pension fund we’re delighted to have completed the retail investment sale of 24 Middleton Gardens, Manchester to a private London-based investor for a sale price of £435,000 reflecting a net initial yield of 8.8%. The sale follows the letting to Betfred for a term of 10 years from 5th March […]
Sale of business park office investment in Bradford completes
We’re delighted to have completed the sale of Raven House, Kingsgate Business Park, Bradford let to Raven Computers. On behalf of a Leeds based property company, we have recently completed the sale of this business park office investment at asking terms. Following a short period of marketing we received several offers and agreed terms to […]
Sheffield Industrial Acquisition
BHT have recently acted on the acquisition of this substantial industrial complex in Sheffield for In – Site Property Solutions Ltd. Initially 2 modern high bay units totalling over 80,000 sq ft will be refurbished and offered to the market, with a further 124,000 sq ft leased to Howmett, and earmarked for future refurbishment and […]
Sale of highly reversionary distribution warehouse investment in Leeds
BHT have recently sold this highly reversionary distribution warehouse in Leeds for Columbia Threadneedle. Following a marketing campaign we received several offers considerably in excess of the quoting price of £6.9m. Thank you to Liam Taylor and James Coke for the instruction and to CMS on the legals. Tom Day of Dove Haigh Phillips acted […]
Prime Nottingham trade counter investment sale completes
BHT have recently sold this prime trade counter investment. The property is situated in Lenton, Nottingham and is let to Wolseley UK and CTD Tiles and producing £150,735pa. We sold the property for £2m representing a net initial yield of 7.09%. Scott Osborne Innes England acted for the purchaser. For further information please contact Jonathan […]
Acquisition of High Yielding retail parade and car park investment in Blackpool completes!
BHT have recently acquired this high yielding retail and car park investment. The property is situated between Blackpool Tower and Blackpool North Pier. Tenants include B&M, Santander and Blackpool Borough Council. The property offers numerous asset management opportunities. Jacques Esterhuizen Carter Towler and Alex Butler Allsop acted for the vendor. For further information please contact […]
