Property overview

Unit 3a, Lancaster Park, Burton on Trent

sold

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£340,000
Dec 2007

New investment consultants Franck-Steier Price have recently concluded one of their first sales at Lancaster Park, Burton on Trent.

Acting for a private client the new build Unit 3a office was sold for £340,000 reflecting an initial yield of 7.58%.  The office was let to Northern Racing on a 6 year lease with a tenant break at Year 3.

The property was purchased by a private investor. FSP and Rushton Hickman acted for the vendor.