Singer Vielle sells another Industrial Investment in Stevenage
Singer Vielle has successfully sold a warehouse investment for £3.25 million / 8.0% NIY, achieving considerably in excess of the asking price of £2.89 million / 9.0% NIY.
Due to the level of interest generated from a wide range of investors including institutions, private investors, charities and property companies, the decision was taken to close the sale early and a “best offers” was called just one week into marketing. Six parties submitted offers and the property was sold to an institution who was able to exchange and complete within just 10 working days.
This most recent success is further evidence of Singer Vielle’s ability to sell property investments quickly utilizing our unrivalled marketing presentation, depth of marketing and speed afforded by our Data Rooms holding Singer Vielle standardized contracts.
16th October 2013