CHANCERYGATE SELLS OXFORD INDUSTRIAL INVESTMENT

August 1, 2008

Chancerygate Business Centres has sold the freehold investment of a 6,098 sq ft (566 sq m) industrial property at its CBC Oxford development on the city’s eastern bypass.

The unit is let to Grant and Stone at an annual rent of £54,400 and was sold to a private investor for £745,000. The last remaining unit is now under offer.

Charlie Withers, director of Chancerygate Business Centres, says: “The quality of the development and its high profile location has made CBC Oxford very popular with both occupiers and investors.”

Chancerygate Business Centres is represented by DTZ, Lambert Smith Hampton and N J Commercial.

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