A private investor has acquired a 3.6-acre industrial complex in Rotherham.
The 76,000 sq ft industrial scheme on Fullerton Road in Rotherham was reportedly purchased for close to its £2m asking price.
The property is occupied by structural steel engineering group William Hare Group, which has supplied major projects such as the Hinkley Point C nuclear power station, Battersea Power Station and the iconic ‘Walkie-Talkie’ building in London.
Alex Sweetman, director in the Leeds office of Watling Real Estate, which acted for the private investor on the acquisition, said: “The opportunity matched our client’s investment requirements, being a fully let industrial complex let in its entirety to a strong national covenant with a busy order book. We’re actively seeking and acquiring assets on behalf of a growing number of private investors seeking opportunities with potential for growth.”
The vendor was advised by law firm Austin Moore and Taylor Emmet advised the purchaser.
