Acting on behalf of Kildrummy Property Investments, Legat Owen have completed the sale of Unit 53, Clywedog Road, Wrexham Industrial Estate.
The property was let to AWB Plastics Ltd for 15 years, expiring on 3rd July 2023 at a passing rent of £115,000 per annum.
The property was sold at the asking price of £1,200,000 to a private North Wales based investor.
Director Stephen Wade commented:
The property comprised a modern detached manufacturing facility situated on the heart of Wrexham Industrial Estate. AWB Plastics Ltd have been situated on the estate since 1984 and are one of the market leaders in colour additives for the plastic industry.
The sale of the property at the asking price reinforces the strength of demand for industrial stock in the Wrexham area.