Commercial property specialist Craigard has sold the Trelleborg Unit at Bridgwater for £2.82million representing a 7.5% initial yield.

Craigard’s Eskan Court office, located in Milton Keynes, has achieved a new rental tone and a bright future for its investors with existing tenant Alliance Automotive signing up to lease 75% of the building until 2027.

At a recent Guernsey Launch Event, Hampshire-based commercial property asset manager Craigard made a handsome donation to CLIC Sargent which went towards a new 'Home from Home'.

Craigard has acquired Imperial House in Southampton and the International Tin Association Building on Curo Park in St Albans - both within a week. These two acquisitions are at the opposite ends of the risk profile and demonstrate the diversity of the Craigard Business Model. But each have considered business plans to appeal to differing investor aspirations.

Craigard has delivered a great return for investors through two recent property disposals.

Craigard has purchased the SIG Unit in Budlake Road, Exeter for £1.4million. With an initial yield of just over 8% this is a well bought opportunity in, at present, a very heated industrial investment market.

Following from the purchase of the Trellborg Unit in 2015, Craigard’s sights have again been set on Bridgwater with the purchase of a 38,505 sq ft warehouse complex on 3.9 acres of warehousing and yard land on the Bristol Road.

Craigard has secured the letting of it’s last remaining vacant unit at the Swingbridge Industrial Estate.

Craigard has made its second commercial property investment acquisition on Guernsey through the purchase of the Cimandis food processing and warehousing facility on the Pitronnerie Road Industrial Estate just outside St Peter Port.

Craigard has completed a lease renewal on the Trelleborg Unit in Bridgwater and in the process securing a 10% increase in annual rental.