Handlemaker Road, Frome

On behalf of a private vendor, Nightingale Partners has purchased the freehold interest in Tyco Fire Products Unit, Handlemaker Road, Frome comprising 37,632 sq ft of offices with ancillary car park.

The property comprises a prominently situated modern industrial unit located to the south of Frome in northeast Somerset. It is let in its entirety to Tyco Fire Products Manufacturing Limited for a term of 5 years.

The purchase price of £3,460,000 reflected a net initial yield of 6.74% and a capital value of £91.82 per sq ft.

The purchaser was represented by Nightingale Partners.