Units 15 & 17, St Hilary Trade Park, Hardwick Road, King’s Lynn PE30 4NA
sold
£525,000
Apr 2024
Acting on behalf of the original developer of St Hilary Trade Park, AP Investment has recently sold a trade counter investment let to an independent gym operator.
The property comprises two mid terraced units in the successful St Hilary Trade Park scheme where other occupiers include Toolstation, Topps Tiles, Formula One, Auto Windscreens and Majestic Wine.
The property is let to Nikjam Enterprises on a lease expiring in July 2032.
The investment was sold for £525,000 which reflected a net initial yield of 6.72%.
The investment was purchased by a private investor.
