Office investment sold for £2,250,000.  A modern office block extending to 28,750 sq ft along with car parking for 85 cars. Excellent covenant strength.  New 10 year lease without breaks. Income £235,000 per annum – Southgate House, Archer Street, Darlington.

SOLD – WT Gunson have sold Phoenix Works, a multi-let Industrial Estate in Cheshire producing £221,315pa with anchor tenant Dane Color Ltd in occupation. The asset sold for approx. £1.6m to a private investor on behalf of a private client. If you have any CRE Investments that you require advice on then please don’t hesitate…

An opportunity has arisen to head up our busy valuation department. The post requires the applicant to be an experienced RICS registered valuer.  Competitive salary and benefits. Enquiries or CV’s to neale.sayle@wtgunson.co.uk

ACQUISITION – WT Gunson have acquired Whinbank Park Industrial Estate in Newton Aycliffe, County Durham. The industrial estate comprises 285,238 sq ft of accommodation across 90 units let to 52 tenants on a site of 18.78-acres. The investment offers significant value add and reversionary potential. The property was acquired on behalf of middle eastern clients…