Rok sells driving test centre at Atherleigh Business Park
Construction firm Rok has sold a driving test centre at Atherleigh Business Park in Atherton, Greater Manchester, to a private investor for £3m.
Source IDC, the independent investment consultancy representing Rok, said the Secretary of State backed investment reflected a net initial yield of 5.56%.
The 2,000 sq ft driving test centre is one of the many centres being built throughout the UK offering the new style of practical motorcycle test. The deal also includes a 3.4 acre driving test area.
Richard Foulkes, of Source IDC, said: "We were pleased to have secured this sale on behalf of our client Rok in a challenging marketplace indicating the appetite for Government backed income opportunities remains attractive to the long term investors."
Atherleigh Business Park forms part of Gibfield Park enterprise zone located three miles from junction five of the M61.
DTZ represented the purchaser.