Acting on behalf of investment clients, Blue Marble Properties have sold the final unit at Athena Business Park in Swindon which is let to Screwfix, as an investment.
Unit C was the last of four units owned by the Blue Marble Properties client and was sold as an attractive freehold investment let to a strong tenant on a long lease. The unit was purchased by a private commercial investor who made a strong offer within days of the unit being put on the market. The unit, measuring 10,806 sqft, is let to Screwfix, the nationwide supplier of trade tools, accessories and hardware products until 2021, providing good income to the new owner. The property was scheduled to be sold by auction but the speed of the transaction saw the sale contracted before the auction date.
Athena Business Park is home to other trade business including a bathroom and kitchen showroom and a carpet retailer.
Tim Matthews, CEO of Blue Marble Properties said: “We are thrilled to have secured the sale of the remaining unit at Athena Business Park. We were confident the unit would find a buyer quickly as the location, size and yield were very favourable and the unit is let to a high quality tenant with a lease until 2021.”
