Western Interchange, Cowley Way, Crewe, CW1 6AG
Acting on behalf of Hansteen, Franck-Steier Price Ltd (FSP) has concluded the sale of this modern industrial estate investment.
The estate totalled 32,939 sqft in five units. The estate was fully let to three tenants. The total passing rent was £166,060 per annum.
The purchaser was a private property company, who paid a price of £1,870,000, reflecting a net initial yield of 8.39%.