The 41,000 sq ft Building 1100 at Daresbury Park in Warrington has been sold to Orbit for £6.35m, at a net initial yield of 9.81%.
Acting on behalf of a private landlord, Bilfinger GVA sold the freehold office building to North West Portfolio.
The headquarter-style office building, which is currently let to NDA Properties, generates a gross income of £659,000 a year with the overall rent equating to £15.79/sq ft.
Situated within 255 acres, the Daresbury Business Park is close to junction 11 of the M56. Future phases for the office development include a hotel, leisure, nursery and retail facilities.
Other occupiers at the business park include De Vere Group, ABB, Angelo Designs, Ministry of Justice and Ombudsman Services.