MK2 Real Estate has successfully advised on the acquisition of a multi-let industrial estate extending 135,000 sq ft across 30 units for Mercia Real Estate.
The property is let to 19 tenants producing a total rental income £323,929.50 per annum. The estate provides a number of asset management opportunities to regear leases, reconfigure the estates and increase it’s capital value going forward.
The property was acquired for £2,800,000.
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