Acting on behalf of pension fund clients we have acquired a recently completed retail warehouse unit at a figure of £1,025,000 reflecting 6.1% net. The 8,000 sq ft unit is located on the popular Oswestry Gateway Business Park where major occupiers include Premier Inn, KFC, Starbucks and Skyjack UK amongst others. Countrywide Farmers Plc occupy the property on a new 15 year lease at a rent of £66,000 pa. Savills acted for the developer.
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