Property overview

The Beaver Centre, Putney Road West, Leicester, LE2 7TD

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Jun 2010

Franck-Steier Price Ltd (FSP) has recently completed the purchase of a multi-let industrial estate on behalf of a private investor.

The property is located in Leicester city centre adjacent to Freemans Common and Raw Dykes Road and comprises fourteen units in three terraces built in the early 1980s.

The total income is £99,750 per annum with two units vacant.

The purchase price of £800,000 reflects a net initial yield of 11.78%.  The vendor was a private investor represented by AHBN.