February 2020

Demand for Multi-Let Industrial continues apace

We are delighted to announce the sale of Tremarl Industrial Estate in Llandudno Junction. The multi-let industrial estate extending to 54,142 sq ft has been sold on behalf of private clients to North West Industrial Estates Ltd represented by Lee Randle at Mason and Partners for a price close to the original guide of £3.7m.

Director Stephen Wade, who acted for the Vendor, commented:-

The Tremarl Industrial Estate occupies a strategic position on the A55 North Wales Expressway. The Estate is virtually fully let to a range of both local and national tenants. The investment attracted strong interest and we were pleased to conclude an early sale to North West Industrial Estates. We have a range of buyers actively seeking similar investment opportunities across the market.

Stephen Wade, Legat Owen