The group bought the 37,300 sq ft industrial property from Guernsey-registered Jolivet Investments for £2.5m.
29 Shield Drive is located on Wardley Industrial Estate, a business complex adjacent to Junction 14 of the M50 in Worsley, Salford.
The unit is let until 2023 to Proline Engineering on a 10-year lease with a rental income of £130,000 per year.
Other occupiers across the estate include e-commerce, logistics, manufacturing and storage firms including Amazon, Royal Mail, Howden Joinery, Wincanton, BOC, Ready Steady Store, Stax Trade Centre and Clipper Logistics.
Agencies B8 Real Estate and Lamb & Swift acted for the vendor, while Neil Higson at Wildbrook CRE acted for Eric Wright Group.
Patrick Naylor, Eric Wright’s group portfolio manager, said: “Located at the heart of the region’s motorway network, Wardley Industrial Estate represents a sound investment opportunity.
“This unit is extremely well specified and there is robust demand for good quality, mid-box industrial facilities in the North West.
“We will continue to look for prominent and well-located industrial assets to add to our commercial property portfolio, the value of which exceeds £70m.”