Property consultants Alder King, acting on behalf of Helical Bar, have acquired the part freehold/long leasehold investment of the Walon Premises, a modern industrial/distribution unit at Portbury, Bristol for £5.75M, reflecting a net initial yield of 7.5%. The 64,000 sq ft property, which sits on a substantial 12.2 acre site close to Royal Portbury Docks, part of Bristol Port, was sold by Knight Frank on the instructions of LPA Receivers.
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