Property overview

Screwfix, Ripon Road Industrial Estate, Ripon Way, Harrogate, HG1 2AU

sold

Make an enquiry
£1,000,000
Oct 2018

Sale of  Ripon Road Industrial Estate industrial investment on behalf of a private SIPP client.

 

The property is located on Ripon Road Industrial Estate, an established industrial/trade location just north of Harrogate town centre.

 

The property comprised an end terraced unit of 12,043 sqft. The unit was let to Screwfix Direct Ltd on a lease expiring on 27 June 2022 at a passing rent of £67,000 per annum (£5.56 per sqft).

 

The property was sold to a private investor for £1,000,000 which reflected an initial yield of 6.34%.

 

View other Industrial & Logistics transactions.

 

St Pauls Office Investments Retail & Retail Warehousing investments