Unit 3a, Lancaster Park, Burton on Trent
New investment consultants Franck-Steier Price Ltd (FSP) have recently concluded one of their first sales at Lancaster Park, Burton on Trent.
Acting for a private client the new build Unit 3a office was sold for £340,000 reflecting an initial yield of 7.58%. The office was let to Northern Racing on a 6 year lease with a tenant break at Year 3.
The property was purchased by a private investor. Franck-Steier Price Ltd (FSP) and Rushton Hickman acted for the vendor.