Rochdale’s Magnum Trade Park sold
The 41,000 sq ft site in Rochdale has been sold by CBRE Global Investors to a private buyer for £5m.
There are 11 units split across the site, which currently holds tenants including PTS, Screwfix, Toolstation, Crown Paints and Edmundson Electrical.
The total passing rent of the site is £307,000 per annum, which amounts to £7.56/sq ft.
Beva developed the site. CBRE was advised by King Street Commercial, while Metis acquired the site on behalf of the private investor.
Your Comments
Why sell something that’s going well, we don’t have B &Q in Rochdale we need tool station, screw fix and other units.
Every thing should not be about money what about people.
Once again big money crushing the little guys Rochdale is really going to the dog’s when will people see the truth
Rip another chunk of working business out of Rochdale.& steal future job prospects from our young generation.. .. That seems to be the aim.!!