South African firm completes £14.3m purchase of automotive retail park
Evans Halshaw Motor Park in Priory Park, Hessle has been sold to a South African real estate firm in a deal worth £14.3m.
Kestrel Group c/o Marr Holdings, advised by Carrick Real Estate and Azure Property Consultants, completed the acquisition of the retail and business park from Kennedy Wilson Europe Real Estate.
The property is fully let by Pendragon Property Holdings Limited on a long-term lease and trades as Kia, Vauxhall, Citroen and Ford.
The four showrooms total 105,139 sq ft on a site extending to 11.24 acres. Neigh... 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...