Stakehill Industrial Estate up for grabs for £44.25m
CEG has put its 680,000sq ft warehouse and distribution facility at Stakehill Industrial Estate in Middleton, Greater Manchester up for sale at an asking price of £44.25m, reflecting a net initial yield of 6.75%.
WHR Property Consultants and Savills have been retained as the joint agents.
CEG acquired Stakehill on behalf of investors in 2012 and its ownership represents one of the largest industrial parks in the North West.
Paul Richardson, CEG’s investment manager for the North, said:“When Stakehill was acquired five ye... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
