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Barnsdales Acquire Harrogate Office/warehouse Investment

Published: 18th May 2014

Barnsdales are delighted to report that they beat off stiff competition to acquire a Harrogate mixed office and warehouse investment.

Acting for retained clients Barnsdales acquired the 34,738 sq ft property which is let to a major international IT business at a rent of £320,000 per annum. The property was acquired for in excess of £3m reflecting a net initial yield of c.10% and the purchase was completed in 6 working days!

For further details of this transaction please contact Jason Barnsdale MRICS jason@barnsdales.co.uk who handled the purchase.

Barnsdales are looking for similar investment opportunities for a range of retained clients so please email Jason Barnsdale with any opportunities.

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