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Stenprop buys in Bridgwater - updated

Stenprop, the UK multi-let industrial property investor, has acquired an industrial estate in Bridgwater, Somerset, in an off-market deal from a private investor for £4.8m, which reflects a net reversionary yield of 6.9%.
By James Buckley
18 October 2018 | 2:15 pm

Dunball Industrial Estate is a modern estate, which is strategically located just off junction 23 of the M5. Stenprop has acquired four terraced units, totalling 48,432 sq ft of industrial space. Three of the units are let to Scania, Wincanton and Astigan and one is vacant.

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News | Stenprop buys in Bridgwater - updated