Investment – Sale: Manorside Industrial Estate, Redditch
SALE PRICE: £1,030,000
YIELD: 7.48%
Harris Lamb’s investment team successfully disposed of Manorside Industrial Estate on behalf of an overseas property company. Having initially purchased the estate in 2013 on the client’s behalf, Harris Lamb provided a full service including property management, rating and agency for the client.
Having secured tenants for the void units the estate was put on the market and taken to best and final bids, producing a profit of in excess of £200,000 in less than four years.
SERVICES
- PROPERTY MANAGEMENT
- EMPTY RATES ADVICE
- AGENCY SERVICES
- INVESTMENT ACQUISITION AND DISPOSAL
