Industrial

Units 1 & 2 Hammond Road, Elms Farm Industrial Estate, Bedford 

 

Price: £5,810,000 - Initial Yield:6.05%

Date: Q4 2017

Acting on behalf of CBRE Global Investors we advised on the purchase of this industrial investment from Pacific and Logistics REIT Plc for £5.81m, reflecting net initial yield of 6.05%.

The property comprises a detached warehouse totalling approximately 60,008 sq ft. Let on a new FRI 10 year lease, with a break in year 5, to PW Gates Distribution at an annual rent of £375,050.

Contact

David Kos

Tel: 020 7493 3330
Mob: 07709 813267
dkos@lewisellis.co.uk


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