Phillips Sutton Associates have recently acquired a multi let industrial estate in Walsall on behalf of IO Asset Management. Phillips Sutton Associates has recently completed the acquisition of an 82,000 sq ft 14 unit industrial estate on Bloxwich Lane in Wallsall. The estate was purchased by IO Asset Management in an off market transaction for £2.85 million. Harris Lamb represented the...
Phillips Sutton has recently completed the sale of a warehouse investment on behalf of a private client. Phillips Sutton Associates has recently completed the sale of a 24,124 sq ft warehouse in Hinckley on behalf of a private client. The warehouse is located on Farraday Road, Harrowbrook Industrial Estate in Hinckley, occupying a prominent location at the front of the estate. The unit is let to Triumph...
Phillips Sutton advise on the disposal of a 16,500 sq ft warehouse in St Albans. Acting on behalf of the Daily Mail Pension Fund, Phillips Sutton have advised on the freehold disposal of a 16,500 sq ft industrial warehouse unit on Brick Knoll Park, St Albans. The unit was purchased by the St Albans Vineyard Church for £1.3...
Phillips Sutton advise on the sale of a prime industrial warehouse investment. Acting on behalf of Harwood Real Estate, Phillips Sutton have advised on the sale of a 28,000 sq ft industrial warehouse investment on Meridian Business Park, Leicester. The unit was let to a subsidiary of Thales UK on a 10 year lease with a break at the end of the 6th year at a rent of £145,000 per annum. The purchase price...
Phillips Sutton acquire a COOP convenience retail investment in Nottingham. Acting on behalf of a private investor, Phillips Sutton have advised on the acquisition of the freehold interest in 4,500 sq ft purpose built convenience retail store let to the Midlands Cooperative Society on a 15 year lease with a break at the end of the 10th year, at a rent of £55,125 per annum. The invesment was purchased on...
Phillips Sutton have successfully sold the 178,016 sq ft former HW Plastics warehouse unit on Trentham Lakes. Acting on behalf of Helix Advisors, Phillips Sutton have sold the 178,016 sq ft warehouse unit to Sladen Estates and Peverill Securities. The former HW Plastics unit which had been vacant for just over 12 months was sold for £6.41 million. Sladen Estates intends to fully refurbish and extend...
Phillips Sutton have sold a student residential investment with development potential for £1.235 million. Acting on behalf of York Road Developments, Phillips Sutton have advised on the disposal of a fully let 17 bed student residential investment, in addition to an adjacent office building on York Road, Leicester with planning permission for a 15 bed student scheme. The 17 bed scheme was fully let for...
Phillips Sutton advise on the acquisition of a 151,000 sq ft multi-let industrial estate in Banbury Advising Tilstone Investments LLP, Phillips Sutton Associates have provided advice on the acquisition of Tramways Industrial Estate in Banbury. The investment comprises a mulit-let industrial warehouse scheme of 151,000 sq ft in 10 units let to 4 tenants producing £549,871 per annum. The purchase price...
Phillips Sutton advise on the acquisition of 187,000 sq ft industrial unit on Alderman's Green Industrial Estate, Coventry. Acting on behalf of AEW UK, Phillips Sutton Associates have provided acquisition advice on the freehold interest in a 187,000 sq ft unit let to George Wilson Industries in Coventry. The warehouse unit is the UK headquarters of George Wilson Industries who are involved in the...
Phillips Sutton dispose of 22,043 sq ft Grade A office on Bede Island Business Park, Leicester Acting on behalf of a charitable pension fund Phillips Sutton Associates have sold the freehold interest in a 22,043 sq ft Grade A out of town business park office building to Newtons4th Limited. The office building which was previously let to Howes Percival and Ericsson was sold to Newtons4th Ltd who are...
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