Eden House, located at the Eden Office Park, measures 7,781 sq ft and is currently let to Unit 4 Business Software for a further six years.


MCPUT, a fund managed by Schroder Real Estate Managers (Jersey), was advised by Mayfair Capital Investment Management and represented by Knight Frank.  The purchaser was represented by Colliers International.


James Feilden, fund manager at Mayfair Capital, said: "This asset has been a small but excellent performer for the Trust. This sale was identified due to its relatively small lot size and following the successful execution of our business plan to remove the tenant's break option, extending the term certain to 2022."


Paul Withers, director of Eagle One, added: "We are delighted to have completed the purchase of Eden House. This is a small lot size for the company and we will be targeting a number of larger investment acquisitions in the region during the course of the year."