Roger Hannah & Co.’s investment department has continued a run of form that saw the firm dispose of £1.6 million of investment property in December with the completion of the sale of Wharf Point, Droylsden, a mixed-use town centre investment, for close to £700,000 at a net yield of 9.8%.
James Goode, Head of Private Treaty Agency at Roger Hannah & Co., commented:
“Activity and funding in the North West investment market continue to gather pace, and Roger Hannah & Co. are well placed to take advantage of this on behalf of our clients. Wharf Point will no doubt prove to be an astute acquisition for this investor, and we are delighted to have been retained to carry out both agency and management services on the asset.