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Sale of part income producing investment, Dudley, West Midlands

Hillcrest Business Park, Cinder Bank, Dudley, West Midlands.

Acting on behalf of Interserve Plc we marketed this old industrial complex extending to 103,345 sq ft on 4.6 acres. The property was 40% let to How Fire Ltd with a guarantee from Tyco Holdings UK Ltd.

It was successfully sold to a private investor proposing to refurbish the vacant space and split it up into a number of smaller units.