Pilsworth Industrial Estate Sold

NR Investments, the investment department of our Nolan Redshaw team are pleased to announce the completion of another prime investment.

Pilsworth Industrial Estate was sold by NR Investments on behalf of a private client to a regional investment company at an initial yield of 6.95%. The popular estate just off junction 3 of the M66 motorway, comprises of 27 individual industrial units which total approximately 25,000 sq ft.

Our Surveyor Jonathan Pickles says: “Pilsworth Industrial Estate is an extremely popular, strategically positioned estate. It incorporates units of various sizes ranging from 500 -2,300 sq ft with a historically minimal vacancy rate and a variety of asset management opportunities. This investment was sold off the market which again reflects the strong demand for multi-let industrial estates of this calibre.

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