Milton Sell Travis Perkins, Harlow

2016 News

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2016 News

Milton Sell Travis Perkins, Harlow

Milton have sold their freehold interest in Unit 5 Pasadena Trading Estate, Harlow.

The sale was completed ahead of asking price to a private purchaser.  Tom Paton-Smith at Montagu Evans acted for The Milton Group.

Tim Baker from the Milton Group commented “This continues the sell down of this estate on a unit by unit basis with the unit pricing being supported by a very active local owner occupier market.  Following a number of sales Milton have significant funds to reinvest in commercial assets throughout the South East.”

Unit 5, Pasadena Trading Estate Marketing Details

Milton Sell North Road, Tunbridge Wells

Milton have sold their freehold interest in North Road, Tunbridge Wells to Telereal Trillium.

The sale was completed following an short marketing period.  Dan Grant at Stonehill Partners acted for The Milton Group.

Mark Douglas from the Milton Group commented “This marks a quick turn around for Milton having acquired the property in 2015 and demonstrates Milton’s ability to move quickly.”

Tunbridge Wells Marketing Details

Milton Buy Unit A The Hyde, London

Milton have acquired the Freehold interest in Unit A The Hyde, NW9.

The property, totalling over 8,000 sq. ft, is excellently located on the east side of the Edgware Road near Colindale, NW9. The unit is let to 2 tenants NTS and Halfords Auto Centres.

Tim Baker, Investment Director, commented “This is an excellent asset in a core London location benefiting from an excellent profile.  We were pleased to be able to secure the property off market and have available funds for similar investments.”

Milton were advised by Andy Taylor at HSM.

Milton Sell Abbeymead Industrial Estate

Milton have sold their freehold interest in Abbeymead Industrial Estate to CBRE Global Investors.

The estate was fully let at the time of sale following completion of 6 new occupational deals and 2 lease renewals by the Milton management team.

The sale was completed following an off market approach from CBRE Global Investors at an acceptable level.  Tom Paton-Smith at Montagu Evans acted for The Milton Group and Ed Cornwell at BNP acted for CBRE Global Investors.

Stuart Smith commented “This marks the second successful sale for Milton from the Griffin Portfolio which was bought in 2013.  The transaction demonstrates Milton’s ability to work off market and act swiftly where opportunities present themselves.”

 

Milton Investment Sales

The Milton Group

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