Buzz Communications has appointed South Manchester based Regional Property Solutions to manage its latest investment acquisition in Wales, adding to its growing portfolio managed by the company.
Buzz Communications has acquired nine Trade Counter units at Gateway Park, Llandygai Road, fronting the main A5 into Bangor City centre. The tenants include HSS Hire, Screw Fix, Tool Station, Enterprise Car Rental, Travis Perkins and Royal Mail producing a total rent roll of £250,000 per annum.
Charles Murray, managing director, Regional Property Solutions, said: “Buzz Communications is an active investor and we are pleased to add this latest investment to its growing portfolio under our management, which now stands at seven investments with a value of circa £9M.
“We believe that the success of our commercial property management business is down to our overall approach to ensure the smooth running across the UK of the circa 100 buildings and estates under our umbrella with a rent roll in excess of £6M.”