Fairlie Norbury Real Estate advised a private overseas investor in the acquisition of a 155,244 sq ft industrial facility known as Bluebell Close, Alfreton, from Schroder Real Estate. The property is single-let to Recticel Ltd until 15th November 2030 at a current rent of £731,038pa. The purchase price was £10,400,000, reflecting a net initial yield of 6.59% and a capital value of £67 per sq ft.
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