FHP AGREE SALE ON BLENHEIM

Investment News

Acting on behalf of Ropemaker Properties Limited Fisher Hargreaves Proctor have sold Buildings 6A and 6B to local investors for a price of £2,060,000 reflecting a net initial yield of 8.85% of the net income of £192,876 per annum.

The property comprises a self contained detached warehouse totalling 33,904ft² which is let to Ferrari Piston Services Limited and Mel Aviation Limited on the residue of two 10 year leases which commenced in March and July 2007.