On behalf of clients, W T Gunson acquired 299-301 Palatine Road, Northenden a mixed investment comprising of a flat and restaurant for £210,000 reflecting an initial yield of 10.12%. P R Gibbs & Co were the selling agents.
Deal Completed
Modewheel Industrial Estate, Salford – Now fully let and managed by WT Gunson
Northern Quarter Letting Completed
LETTING COMPLETED – 53 Tib St, Northern Quarter, Manchester – Ground floor retail unit 957 sq ft let to The Bake House at £22,500pa
Acquisition – Stokes Mill, Higher Tame Street, Stalybridge, Cheshire, SK15 3AN
‘WT Gunson represented London House Exchange in the acquisition Stokes Mill in Stalybridge. The investment comprises of 13 apartments producing £91,320pa. The sale was agreed at £1,134,500 reflecting a gross initial yield of 8.05%.’
Duchy of Lancaster
We are delighted to announce following a tender process that W T Gunson have been appointed by the Duchy of Lancaster to value, advise and dispose of it’s land and property holdings across the North West region.
Letting of 68 Grosvenor Street, Manchester
We are delighted to report that WT Gunson have let a 13,000 sq ft character office/training building at 68 Grosvenor Street on the periphery of Manchester City Centre. The new tenant is Option Skills Ltd (A vocational training business) who also have sites in London and Birmingham.