South Manchester Industrial Investment Sold

Roger Hannah are pleased to confirm the sale of Endeavour House, Reddish , Stockport, Manchester. The facility comprised an 8,000 sq ft industrial unit let to Burton Roofing Merchants Limited at a rent of £38,300 pa.

The facility was purchased by a private investor for £500,000 reflecting a net initial yield of 6.21%. 

Julien Kenny-Levick, Director at Roger Hannah commented “The sale of this investment is testament to the strength of the industrial market in Greater Manchester which continues to improve on the back of massive tenant occupational demand and rising rents.”