Helix, acting on behalf of HPPUT, has sold the freehold interest in Units 180/181 Walton Summit Industrial Estate, Preston, Lancashire to NAK Investments Limited for an undisclosed sum. The transaction reflects a net initial yield of 10.8%
Totalling 31,443 sq ft (2,921 sq m), the two industrial units are occupied by Supalite Tiled Roof Systems and produce an annual income of £95,000 rising to £115,000 in 2017. They are held on a lease that expires in 2020.
NAK Investments Limited was unadvised. Robert Pinkus & Co acted on behalf of Helix.
