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Harworth Grows Income Portfolio with Acquisition & Makes Further Non-Core Land Sales

The Company has acquired the facility, sat on 0.5 acres of land in an established commercial area south of Newport Town Centre, for £495,000 plus acquisition costs. It is already let to UK Capacity Reserve Ltd (Sembcorp Energy UK Ltd) on a lease expiring in 2041 and at a rent equivalent to a net initial […]

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Harworth Grows Income Portfolio With Acquisition of 360,000 Sq Ft Industrial Estate in the West Midlands

Close to both Dudley and Stourbridge town centres and less than ten miles from Birmingham City Centre, the 20.5-acre site comprises three fully let industrial units totalling c. 360,000 sq. ft and will generate a passing rent of £1.095 million per annum, reflecting a Net Initial Yield of 10.2% and a reversionary yield of 12.75%. […]

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