Bromwich Hardy have recently acted on behalf of a retained investor Client, in advising and negotiating the acquisition of Unit 9, Lakesview International Business Park in Kent
The Business Park is spread over 50 acres and provides a mix of Industrial, Office and Warehouse accommodation.
Unit 9 occupies a site area of 0.97 acres and is let to Viridor Waste Management Limited on a Full repairing and insuring basis at an annual rent of £72,500
Tom Bromwich comments
” This is an ideal acquisition for my client’s Investment Company, providing strong income from a 5A1 tenant. The Industrial Sector has proven to be one of the most attractive sectors over the last 18 months as a result of a strong occupational market and good rental growth prospects “