BHT advise on Stockton on Tees Investment Acquisition
We have recently advised on the investment acquisition of 1 Massey Road, Teasdale Park, Stockton on Tees. The property was substantially refurbished and let to accountants Tait Walker LLP on an unbroken 10 year lease with an uncapped RPI rent review at a passing rent of £50,000pa. The property was acquired for private clients at […]
Sale of Leeds Convenience Store Investment let to Co-op
On behalf of private investors, acting jointly with Jerrold Property Consultancy. We have sold 423 Otley Road, Leeds LS16 6AJ, a prime convenience store investment to Pardis Properties, represented by Robert Pinkus & Co. The property itself occupies an excellent location in North Leeds on the A660, which is one of the principle arterial routes […]
Sale of Residential Investment in Huddersfield
On behalf of our clients, Remet Processing Ltd, we have sold Spa Mill Apartments, 38-60 Mereside, Huddersfield to a private investor. The property comprises a modern 3 storey apartment development totalling 12 two-bed apartments situated in the popular suburb of Waterloo. The property has a good letting history, producing an income of £75,960 pax. A […]
Sale of Monk Bretton Residential Investment
On behalf of our clients, Remet Processing Ltd, we have sold 1-25 Daycroft, Monk Bretton, S71 5SE to Wiseton Developments Ltd represented by Avison Young. The property comprises a modern 3 storey apartment development, comprising 12 two bed apartments. It was fully let, with a good letting history, producing a rental income of £67,380 pax. […]
Acquisition of Prestwich Trade Counter let to Howdens & Toolstation
Acting on behalf of LSC Property Holdings, we have acquired Gateway Trade Park, Prestwich, Manchester, a new build trade counter building let to Howdens and Toolstation. The units total 8,762 sq.ft. and offer WAULT of 12.73 years. Located in the affluent North Manchester suburb of Prestwich, the property forms the gateway to a wider scheme […]
Successful Acquisition of Hull Industrial Investment
Acting on behalf of Ludgate Estates, we have acquired 4a Banner Court, Hull. The property occupies a prominent position on Priory Park, Hull’s premier business park, and comprises a modern semi-detached industrial unit extending to 1,211.7 sq.m (13,043 sq.ft). The property was acquired from Medi-Clear Ltd by way of a sale and leaseback following the […]
York out of town Office Investment Acquisition
On behalf of a private investor we have successfully acquired Aspen House, Wykeham Road, Northminster Business Park, Upper Poppleton, York, an out of town office investment let to McCarthy and Stone for £1.35m, representing an attractive net initial yield of 11.83%. We have acquired and sold various out of town office investments throughout the region […]
Keighley Industrial Investment sale demonstrates market strength
On behalf of Dalton Lane Properties we have sold Foundry Park, Dalton Lane, Keighley, BD21 4LG, a new build industrial investment, to Malco Holdings represented by Eddisons for £4.1 million showing a net initial yield of 5.8%. The property comprises a new build warehouse totalling 3,650 sq.m (39,289 sq.ft) on a 0.85Ha (2.1 acre) site. […]
Acquisition of Bilsthorpe Business Park, Nottinghamshire
Acting on behalf of a Yorkshire based Property Company we have successfully purchased the Bilsthorpe Business Park Nottinghamshire from Harworth Estates Ltd. Harworth were represented by Fisher German. The park offered an interesting mix of small industrial estate, Long let secure Government backed income, Renewable sites, commercial development sites and over 250 acres of farmland […]
Retail Park Acquisition Rawtenstall
Acting on behalf of a North West based investor we have successfully purchased New Hall Hey Retail Park in Rawtenstall from Kames Capital, represented by Savills. The park was developed in 2 phases from 2007 and totals 80,191 sq ft across 9 units. With a strong food bias the Park acts as an extension of […]
