A terrace of four industrial properties in Leamington has been bought by an investor for in excess of £600,000.
Wulstan Capital has purchased Units 27-30 Longfield Road, Sydenham Industrial Estate Leamington Spa for £610,000.
The 12,240 sq ft terrace of four industrial units produces £52,500 per annum rising to £70,000pa upon the letting of the one vacant unit showing an initial yield of 8.13 per cent, rising to 10.9 per cent upon that letting.
Shortland Penn + Moore Ltd acted on behalf of Wulstan Capital and Wareing & Co represented the vendor Manston Investments (West Midlands) Limited.