ROGER HANNAH CONTINUE STRONG RUN WITH SALE OF LANDMARK MIXED USE INVESTMENT

Date: 3rd March 2016
Author: James Goode
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Roger Hannah & Co’s investment department have continued a run of form which saw the firm dispose of £1.6m of investment property in December with the completion of the sale of Wharf Point, Droylsden, a mixed-use town centre investment, for close to £700,000 at a net yield of 9.8%.

James Goode, Head of Private Treaty Agency at Roger Hannah & Co commented:

“Activity and funding in the North West investment market continues to gather pace and Roger Hannah & Co are well placed to take advantage of this on behalf of our clients. Wharf Point will no doubt prove to be an astute acquisition for this investor and we are delighted to have been retained to carry out both agency and management services on the asset ”