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