Phillips Sutton Associates acquire a 51,000 sq ft industrial warehouse investment on behalf of clients.
Acting on behalf of regional property company, A&J Mucklow PLC, Phillips Sutton Associates have acquired the freehold interest in a 51,000 sq ft industrial unit in Ashby De La Zouch, Leicestershire. The unit let to Manfrotto Distribution on a 10 year lease, was acquired for £2.56m, representing a net initial yield of 8.5%.
