Acting on behalf of a London based property company, Phillips Sutton have advised on the acquisition of a single let industrial warehouse investment in Aylesbury.
The 33,281 sq ft warehouse is let to ATG Training on a lease expiring in July 2023 at a rent of £195,000 per annum.
The investment was purchased from the receivers for a price of £2 million which reflected a NIY of 9.21%.
BNP advised the vendor.
