Finance

Harworth buys industrial scheme in Yorkshire and sells Solar Portfolio

By 2020-01-07T07:54:00

Owen Michaelson and Andrew Kirkman

Harworth Group has bought an industrial unit in Yorkshire for £9.2m and sold a portfolio of freehold land for £5m.

The 253,352 sq. ft industrial unit covers 12.1 acres in Sherburn-in-Elmet, close to Harworth’s existing Sherburn Rail Freight Terminal and Kellingley sites. An existing 10.5-year lease is in place with Esterform Packaging, and the deal represents a net initial yield of 7%.

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