Retail Warehouse Investment Sold: Barrow-in-Furness

Acting on behalf of Evans of Leeds, Fifield Glyn have sold the freehold 29,900 sf Retail Warehouse with 89 car spaces let to MFI Properties Ltd.in Barrow-in-Furness. 

The property is let on a 25 year FRI Lease from 25 November 1988 (11.5 years unexpired) with 5 year Rent Reviews at a current rental £200,000 p.a. (£6.69 psf) and was sold to BEGG (Nominees) Ltd for £2,655,000 (7.123% net).