LIME GREEN PARADE, LIMESIDE, OLDHAM

Date: 24th August 2017
Author: Stuart Cooper
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Modern neighbourhood retail parade anchored by Spar

Sale Price £775,000

Net yield of 7.2%.

Fully let and producing a rental of £58,700pax.

 

The retail units were sold on behalf of Rowlinson Investments Limited to Investors based in the South of England.

Stuart Cooper, Director of Roger Hannah & Co commented “Quality property investments are in short supply at present; especially one’s underpinned by a covenant such as Spar.  This sale is testimony to the appetite of buyers who will tighten yields and not be constrained by location in order to acquire decent investment stock in the present climate.”

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Stuart Cooper H Dip (Land Admin) Director