Industrial

Units 201A-F and 202A-D Cooks Road, Weldon North Industrial Estate, Corby 

 

Price: £4,875,000 - Initial Yield:10.00%

Date: Q2 2011

Acting on behalf of L&C Investments we advised on the purchase of this multi-let industrial investment for £4.875m, reflecting a net initial yield of circa 10.00%.

The property comprises two separate buildings known as Units 201 and 202 Cooks Road. Unit 201 consists of 6 well configured industrial units which are fully let to CRP Print & Packaging Ltd. Unit 202 consists of 4 industrial units, which are fully let to Phoenix Foods Ltd (3 units) and BD Technical Polymer (1 unit). Average weighted unexpired term (to break) of circa 12 years. The property produces a total passing rent of £535,634 p.a. 

Contact

Simon Lewis

Tel: 020 7493 3330
Mob: 07831 527 960
slewis@lewisellis.co.uk


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