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Bury Secure Sale of Drinkstone Office Park

Mar 18, 2015

Acting on behalf of Aberdeen Asset Management, Barker Storey Matthews and MP Real Estate have negotiated the sale of Drinkstone Office Park in Bury St Edmunds, comprising two pavillion style office buildings totalling 15,765 sq ft to Balvraid Properties Ltd.

Drinkstone Office Park

Located at the entrance to Suffolk Business Park, this popular site offers a prime out of town location on the eastern outskirts of Bury St Edminds amongst a number of major employers including Audi, Greene King and Taylor Wimpey.

The office investment generates a current total net rental income of £212,000 with current tenants including Northgate Information Solutions and ACAS East of England. The sale price reflects a net initial yield of 10.27%.

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