Mandale Wharf, Boathouse Court, Stockton-On-Tees TS18 3FA
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£2,750,000
Oct 2021
NorthCap has successfully sold an industrial estate in Durham on behalf of the Mandale Group.
The property comprises an estate of nine industrial units totalling 29,285 sq ft alongside associated yardage and parking, producing a net rent passing of £185,700 per annum.
The property was sold for £2,750,000 reflecting a net initial yield of 6.32%.
The purchaser was a private investor represented by Carter Jonas.
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