Booth Charities acquires trade park for £7.25m
The Trustees of the Booth Charities has acquired Holmes Chapel Business & Trade Park in Cheshire from InfraRed Capital Partners for £7.25m, reflecting a net initial yield of 6.7%.
The multi-let estate offers 108,990 sq ft of industrial space across 15 units, which vary in size from 15,032 sq ft (1,396 sq m) to 2,296 sq ft (213 sq m).
It is fully let to occupiers including Avante Garde Distribution, JMH Automotive (Ltd) and Skelair (International) Ltd for a combined annual rent of £519,168, with an average weighted unexpire... 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...
