Increased investment activity in North Manchester

Acting on behalf of a private investor, Nolan Redshaw has acquired a trade counter investment on Bridge Street, Bury from Windsor Property Developments Limited let to Jewsons Limited trading as Grahams Plumbers.

The property was acquired for approximately £350,000 reflecting a yield of 8.7%.

Director of Nolan Redshaw, Paul Nolan, said, “competition for the investment was reasonably strong and we have noticed a significant increase in investor activity in North Manchester and Lancashire in recent months particularly for modern, well-let industrial investments.”