Waterfold Business Park, Bury, BL9 7BR
Prime office investment successfully acquired on behalf of a local investor and property owner.
The property is let to a well established occupier operating within an emerging and resilient sector, benefiting from a strong unexpired lease term of approximately nine years.
This off market acquisition was secured at a net initial yield of 7.71%, supported by an annual rental income of ?73,260. The asset comprises a modern, semi detached, two storey office building extending to approximately 4,740 sq ft.
Strategically positioned just off Junction 2 of the M66, the property forms part of the highly regarded Waterfold Business Park, an established commercial hub offering excellent motorway connectivity and strong surrounding amenities, including a Village Hotel, local pub/eatery, and a nearby Starbucks.
Nolan Real Estate is an independent multi disciplined firm of Chartered Surveyors based in North Manchester.
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