Former Textile Mill Proves Popular

Investment News

Midlands Property Advisor of the Year, Fisher Hargreaves Proctor (FHP) have completed the sale of a former textile mill in Hinckley on behalf of their clients The Advent Group.

With three units suitable for retail outlets and eight self contained flats with car parking, the property has proven to be very popular.

Noel Roper of FHP, said: “We’re delighted to be able to achieve a sale of this property in such a short space of time.  The property was popular due to the great potential offered by retail and residential space, as well as the healthy estimated rental value of £57,800 per annum.”  

Terms have been agreed for the sale of the units to Castlemore Capital who are well known for purchasing property of this type.  FHP have been retained to complete the outstanding rent review. 

For further information visit www.fhp.co.uk or call 0115 950 7577.