Central Point, Middlesbrough Acquired

Central Point Location (2)

A modern 20,000 sq ft multi let office and leisure investment has been acquired by LexiconCole in a deal valued at £2.25m. This reflects a 10% net initial yield for our client a north east property company. The property is situated in the centre of Middlesbrogh within the area of Teeside University and its associated restaurant, bar and student accommodations.