Tandem Investments has bought two industrial sites in the North West, one in Runcorn and one in Haydock.
Industrial property specialist B8RE has facilitated the sale and acquisition of the assets in the North West worth approximately £2million.
A 10,324 sq ft detached unit in Runcorn is leased to The Clearway Group on a 10-year lease, and the other is a recently vacant 11,652 sq ft detached unit in Haydock.
Chris Lloyd, director at Tandem Investments commented: “Great to get these two acquisitions over the line. We have significant capital to deploy and the North West industrial market is one of our core markets, whether the assets are income producing or vacant.”
Joe Sinclair, Associate Director at B8RE said: “We are extremely satisfied to have completed both deals in quick succession. Both deals continue to highlight the strength of the private investor market, and we’re witnessing very strong demand in the market, with the main obstacle at the moment being the lack of investment supply. We have many active investor requirements for similar assets”.
Neil Higson of Wildbrook advised the mystery vendor on Haydock.
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