Property overview

Stonebroom Industrial Estate, Stonebroom, Alfreton, DE55 6LQ

sold

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£312,000
Jun 2013

Acting on behalf of Hansteen, Franck-Steier Price has concluded the sale of this modern starter unit terrace investment.

The estate totalled 6,058 sqft in six units. The estate was fully let to five tenants. The passing rent was £29,001 per annum.

The purchaser was a private property company, who paid a price of £312,000, reflecting a net initial yield of 8.87%.