Acting on behalf of Time Token Limited, Nolan Redshaw has acquired Pagefield Industrial Estate in Wigan for £1.9million, representing a 13% yield.
Situated close to the centre of Wigan and adjacent to the DW Stadium, the estate, consists of a mixture of larger industrial buildings adjoining the canal. It accommodates 12 main tenants and currently has five vacant units, which Nolan Redshaw has now been appointed to let.
Mike Redshaw, Director at Nolan Redshaw, said, “We were delighted to assist Time Token with the continued expansion of their industrial portfolio within the North West and are seeing continued strong investor appetite for multi-let industrial estates.”
