Barracks Road Trading Estate, Llewellyn Close, Stourport on Severn, DY13 9QB
sold
£400,000
Apr 2017
Franck Steier Price has recently completed the sale of a multi let industrial investment on behalf of Dunedin.
The property was located in the established Sandy Lane industrial area on the edge of Stourport on Severn.
The terrace of 8 starter units extended to 9,665 sqft. Six were let to local companies and two vacant.
The combined rent was £33,260, an average of £4.59 per sqft.
The property was sold to a private property company for £400,000 which reflected a yield of 7.98%.