25 Sep 26
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Deal
Curchod & Co has assisted a private client with the sale of Units 7 & 8 Riverside, Omega Park, Alton, to De Graaf Limited for £475,000, reflecting a net initial yield of 6.7 per cent.
Riverside is situated in the established Omega Park development, a short drive from Alton town centre and the A31. The units total 3,112 sq.ft. and were constructed in 2007 offering good quality industrial/warehouse accommodation. Both units are currently let to Napa Auto Parts on a 10 year lease at a rent of £33,578 per annum.
Matthew Munday of Curchod & Co said: “This was a rare opportunity to acquire a good quality freehold industrial investment in Alton, let to a national tenant. We received a high level of interest demonstrating that demand for good quality industrial and warehouse investments remains strong. We’re pleased to have achieved a good result for our client.”
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