Catlin Young sells prime South-east Industrial Investment

31st May 2014

Acting for private clients, Catlin Young has sold Centrus, a modern industrial estate comprising 9 warehouse/ industrial units totaling some 86,595 sq ft .  The 9 units at Centrus are let to 8 tenants with an average weighted unexpired term of 7.5 years, and generating annual rental income of £587,399 per annum.

The estate was sold freehold at a price reflecting a net initial net yield of just under 7%.

For further information, please contact Robin Catlin on 020 3544 7014

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