Rochdale’s Magnum Trade Park sold

7 October 2019 07:49 Comments (0)

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.

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