Bradley Hall Trading Estate, Wigan

Investment

Bradley Hall Trading Estate, Wigan

Property description

  • Aware of a strong requirement, B8RE identified the asset for Industrials REIT as a potential purchase opportunity.
  • Working in conjunction with B8RE’s occupational team, we provided advice on ERVs, reletting assumptions and assisted on potential asset management strategies in order to exceed the expected / required returns.
  • B8RE successfully negotiated and agreed a price to acquire the asset and closely monitored and advised throughout, resulting in a successful completion.

Location

Bradley Hall Trading Estate, Wigan, WN6 0YS

Client
Industrials REIT
Date
July 2021
Rent
£1,411,254 pa
Size
287,663 sq ft (26,725 sq m)
Tenancy
MLI – Let to 100+ tenants
Type
Industrial Investment Acquisition
Value
£20,600,000 / 6.42%