Roger Hannah

ACQUIRED: Keyline, 10-20 Chorley Road, Blackpool

We have identified and acquired this trade-counter investment in the well-established trade-counter destination to the north of Blackpool Town Centre on behalf of a private property company for £500,000, representing a net initial yield of 8.6%. The property is let until 2023 to Keyline Builders Merchants Ltd. (owned by Travis Perkins Plc), who offer an undoubtedly strong covenant.

We specialise in identifying excellent opportunities such as this in the North West and are actively introducing them to our clients seeking to take advantage of the current value in the commercial property investment sector in the region.

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