A £4.25m post-auction sale from Jones Lang LaSalle’s 6 March catalogue has taken the firm’s success rate to 88%.The property, known as Units 1-8 Thistlebrook Industrial Estate in Greenwich London comprised a long leasehold geared industrial investment let to the local authority.

A £4.25m sale reflects a net initial yield of 5.80%. The buyer is understood  to be a small family-run property company.

Jones Lang LaSalle has previously raised £5.7m at its March auction, achieving an 82% success rate.