FHP have secured another successful deal within Mansfield with the investment sale of Soak Interiors to a local occupier, achieving a net initial yield of 7.76%.
The unit comprises 4,715ft² of warehouse, office and ancillary space with a generous yard area. It occupies an elevated position on Rock Valley, just off the Mansfield Inner Ring Road.
FHP said the strong level of interest received on the property shows the freehold / investment market is still going strong despite the current economic uncertainties.
Amy Howard, surveyor at FHP Property Consultants, said: “It was great to see this deal cross the line for both parties who are now starting a new exciting chapter.
“The amount of interest received on this property from day one was great to see, and we managed to receive several credible offers at the asking price. It is reassuring to see that the demand is still there for the sub-5,000ft² freehold market.”
