Stenprop, the UK multi-let industrial owner and operator, has bought Bradley Hall Trading Estate, Wigan from HIMOR (Property) for £20.6 million, reflecting a net initial yield of 6.43 per cent and a capital value of £67.40 per square feet on the multilet (MLI) industrial space and £8.95 per square feet on the yard areas.
Stenprop Completes £20.6 Million Wigan Multilet Industrial Buy
Multilet Industrial Now Accounts for 75% of Portfolio Intended to Soon be 100%
By Paul Norman
CoStar NewsJuly 7, 2021 | 6:57 AM
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