Virage Park

Acting on behalf of M7, MK2 Real Estate have successfully acquired a multi-let industrial estate Virage Park, Cannock for a total consideration of £2,300,000.  Extending to 92,436 sq ft the estate comprises 12 industrial units and a 6 story office tower.  Tenants on site include Cable Tray, House of Italy, JP Alloys, and JD Airsoft. The purchase price reflects a net initial yield of 14.8% and £24.88 per sq ft capital value.