Regional surveyor, Nolan Redshaw, acting on behalf of private investors, has acquired the Low Mill Industrial Estate at Town Lane in Whittle-Le-Woods.
Low Mill is a mixed industrial estate with mainly local covenants, producing an income of £130,000 per annum. The estate was acquired by a private family trust in a deal worth close to £1.5million.
Mike Redshaw, Director of Nolan Redshaw, commented: “We were delighted to acquire the investment on behalf of our clients and believe the estate provides an opportunity for solid income growth, as well as strong potential for future redevelopment.”
Nolan Redshaw are regional surveyors specialising in development and investment.