POTTERIES DAY NURSERY BOUGHT BY INVESTOR ON SALE-AND-LEASEBACK BASIS

Investment agents at Harris Lamb have acquired a children’s day nursery in Stoke-on-Trent on behalf of a private client. The day nursery, located in a busy area of the Potteries, has been purchased for £395,000 on the investor’s behalf on a sale-and-leaseback basis. The transaction enables the business to invest again in the operations it runs. The nursery has now signed a 15-year lea...

DUDLEY INDUSTRIAL ESTATE SOLD TO AEW

A Dudley industrial estate has been sold to an asset management specialist for an undisclosed sum, with plans in place to build new units and upgrade the existing facilities at the site. Harris Lamb was instructed to sell Grazebrook Industrial Park in Peartree Lane by the owners of the estate, a privately-owned family property company. Along with joint agents Sellers Chartered Surve...

POPCORN FACTORY ACQUIRED FOR PRIVATE INVESTOR IN £850,000 SALE AND LEASEBACK DEAL

 Investment specialists at Harris Lamb have bought a Nottinghamshire popcorn factory in a sale and leaseback deal on behalf of a private investor. The industrial investment opportunity has seen the buyer purchase two self contained units on the Hallcroft Industrial Estate in Retford for £850,000 from Tommy Tucker Limited, with a new 15-year lease being agreed for the popcornmanufacturer to ...

TELFORD TOOLSTATION WAREHOUSE SOLD FOR MORE THAN £280,000

A Telford warehouse has been sold to a private investor for more than £280,000. Investment specialists at property consultancy Harris Lamb oversaw the deal, which saw the Stafford Park 4 trade counter unit occupied by Toolstation sold to a private investor. Becky Thomas, of the business’ Agency team, marketed the vacant unit and agreed a 10-year lease with the tool retailer in February, b...

WEST BROMWICH INDUSTRIAL ESTATE SOLD FOR OVER £1.5M

A West Bromwich warehouse has been bought for more than £1.5 million as investors seek high-yield industrial investments across the UK. Harris Lamb was instructed Kindale to sell Units 1-3 at Junction 1 Industrial Estate in Dartmouth Road. The premises, which is let to service-provider MCD Group Limited, a business owned by Europe’s largest distributor of floorcoverings, Headla...