Broadfield Business Park, Heywood

  • Client:      Institutional Investor
  • Type:        Industrial investment acquisition and sale
  • Value:      Acquisition – £11.45m (10.2%), Sale – £24.58m (5.48%)
  • Tenancy: Multi-let with AWULT of 2.4 years on acquisition.  AWULT of 5.3 years (3.1 to break) on sale
  • Size:         269,334 sq ft
  • Date:        Acquired February 2013.  Sold July 2017

Key Info

A modern multi-let industrial estate developed in 2004/06 and located in Heywood, one of the premier industrial locations in North Manchester. B8RE acquired for the client, were retained as letting agents and subsequently sold once the business plan had been completed.

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