Sale of Belasis Business Centre, Billingham, Middlesbrough

Osborne House has sold its 60,000 sf business centre on Belasis Hall Technology Park, Billingham, to Northern Office Investments Ltd for just under £2.5 million.  The centre produces a current net income of approximately £200,000 pa and benefits from a 75% occupancy level.

Fifield Glyn (01606 351351) represented Osborne House and Mason and Partners (0151 227 1008) represented Northern Office Investments Ltd.