Property overview

Unit 23, Owen Road, Diss, IP22 4YU

sold

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£97,500
Feb 2011

Franck-Steier Price have recently completed the sale of an industrial investment on behalf of Kindale .

The property comprises an industrial unit of 1,765 sq.ft which is let to Stadium Power Ltd for a term of 5 years from July 2010. The passing rent is £8,825 per annum..

The property sold for £97,500 per annum reflecting a net intial yield of 8.9% assuming costs of 1.8%. The purchaser was a private investor.