Acting on behalf of long established clients, Stratton Creber Commercial has sold the Heywood Estate in Kingsteignton, Newton Abbot comprising a multi-let freehold industrial investment to a private investor.
The property provides 6 fully let industrial units with a current rental income of approx. £160,000 pa and potential for further uplift.
The property was sold off a guide price of £2.1 million.
We have actively managed the Heywood estate for 10 plus years and we are delighted to be re-appointed as managing agents to ensure the asset is well maintained, fully occupied and we continue to add value.