INVESTMENT DEPARTMENT SELLS £3.7M STOCK IN JUNE

Roger Hannah’s Investment Department were kept busy during June, with disposals totalling £3.7m. This was helped in no small way with the completion and sale of Meadow Mill in Stockport for in excess of the £2.5m guide price. The purchaser is a private London based Investor/Developer who is to invest significant sums to regenerate and exploit the opportunities that the Mill offers.

Other significant investment sales in June included a Business Centre in Timperley/Altrincham and a Lloyds Pharmacy investment.

Stuart Cooper Director & Head of Investment Agency commented:

“The start of the 2016-17 financial year has been extremely positive on the investment sales, with demand outstripping supply.

Since the re-structure of the Department we have significantly increased both our database of investment buyers and stock of investment properties. This trend is continuing as we seek to both acquire and dispose of investment stock for clients.”