Lambert Smith Hampton is quoting about £650,000 sterling for a 16,855 sq ft warehouse investment at Moyraverty Road West, in Craigavon, Co Armagh. The property is currently let to M B Freight Forwarding Ltd, trading as Express Parcels, at a current rental of £58,464. There is 12,436 sq ft of warehouse space, 2,098 sq ft of offices and a maintenance building of 2,321 sq ft. This represents a rental level of around £3.50 per sq ft for the warehouse space, £4 for the office accommodation and £2.80 for the maintenance area. The price being quoted by the agents suggests an initial yield of 8.54 per cent.