Unit 12 & 12A, Mullbry Business Park, Shakespeare Way, Whitchurch SY13 1QR
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£760,000
Jan 2022
AP Investment has completed the purchase of two adjoining new build trade counter investments in Whitchurch for a private client.
The two units located on Mullbry Business Park in Whitchurch have recently been completed and extend in total to 6,988 sq ft. The scheme is also home to the likes of Howdens & Wynnstay.
Both units were pre let to Tool Station and Screwfix from August 2021 on 10-year leases. Toolstation have a break option at the 7th year.
The price paid reflected a net initial yield of 5.39%.
Andrew Dixon & Company acted for the vendor.
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