Property overview

Western Interchange, Cowley Way, Crewe, CW1 6AG

sold

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£1,870,000
Nov 2013

Acting on behalf of Hansteen, Franck-Steier Price has concluded the sale of this modern industrial estate investment.

The estate totalled 32,939 sqft in five units. The estate was fully let to three tenants. The total passing rent was £166,060 per annum.

The purchaser was a private property company, who paid a price of £1,870,000, reflecting a net initial yield of 8.39%.