Industrial

DHL, Bonehurst Road, Salfords, Redhill 

 

Price: £17,250,000 - Initial Yield:4.80%

Date: Q4 2019

Acting on behalf of M&G Real Estate we advised on the sale of this industrial investment to Oxenwood Real Estate for £17.25m, reflecting a net initial yield of 4.80%.

The property comprises a large distribution unit totalling 108,193 sq ft. Let in its entirety to DHL Supply Chain (trading as ‘Tradeteam’) with approximately 4 years unexpired at a low passing rent of £885,000 p.a.

Contact

John Ellison

Tel: 020 7493 3330
Mob: 07889 437 236
jellison@lewisellis.co.uk

James Caddick

Tel: 020 7493 3330
Mob: 07771 882 860
jcaddick@lewisellis.co.uk

James Elkington

Tel: 020 7493 3330
Mob: 07810722459
jelkington@lewisellis.co.uk


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