Leeds' Carter Towler completes trio of investment deals worth over £4m

The Investment division of Carter Towler has announced the completion of three commercial property deals totalling over £4m.

The Leeds-based chartered surveyors completed the £750k purchase of a 17,000 sq ft warehouse in Pym Street, Hunslet, on behalf of investment company Oyster Ventures Ltd in October.

The industrial unit is currently let to Vantage Motorhomes on a five year lease.

In a second deal negotiated by Carter Towler at the end of September, Oyster Ventures, also purchased Booker Wholesale’s warehouse at Coopies Lane Industrial Estate, Morpeth.

The 32,000 sq ft cash and carry was sold by Palmbest Ltd off a guide price of £1.7m.

Finally, Carter Towler negotiated a sale price of over £1.5m on behalf of Northern Irish real estate company Kesh Properties Ltd for a 32,354 sq ft industrial premises in Derbyshire. The deal was concluded in early September.

Kesh Properties has sold the site, which is occupied by concrete products manufacturer Amber Precast, to a London-based investment company.

David Towler, Carter Towler director, said: “These three deals have followed in quick succession which is indicative of just how buoyant the market is for commercial investment property at the moment, not just here in Yorkshire but across the country.

“There is a lot of interest particularly in properties with secured long-term tenants.”

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