Dransfield Sells Carleton Court in Fleetwood

Dransfield Sells Carleton Court in Fleetwood

31 January 2009

Dransfield Properties has sold the company's Carleton Court development at Fleetwood in Lancashire

 Townson Estates Plc of Bolton have completed the purchase of the Fleetwood development which is a mixed use retail and office investment brought forward by Dransfield Properties Ltd and opened in January 2001. 

 The property comprises a modern building with 3 ground floor retail units and 4 office suites at first floor level.  Tenants include Poundstretcher, Subway, YMCA, Lancashire County Council and Blackpool & The Fylde College.

 The purchase was agreed at £1,925,000 which represents a net initial yield of 9.2% based on the rent roll £189,644.

 Mason Owen acted for Dransfield Properties Ltd. whilst Townson Estates Plc were represented by Fifield Glyn.

For further information, contact:

Public Relations Department, Dransfield Properties Ltd
Tel: 01226 360644
Email: pr@dransfield.co.uk