Helix, on behalf of Harmsworth Pension Fund Trustees Ltd has sold the freehold interest in Unit 185 Bradkirk Place, Walton Summit Centre, Bamber Bridge, Preston to a private for £415,000, reflecting a net initial yield of 11.5%.
The property comprises 10,992 sq ft (1,021 sq m) of warehouse space let to ADMC Holding Ltd on a lease expiring on 2nd November 2015, at an annual rent of £36,000.
Robert Pinkus & Co advised Helix and the purchaser was unrepresented.
