Industrial

Plot 3320, Hunter Boulevard, Magna Park, Lutterworth 

 

Price: £10,250,000 - Initial Yield:8.25%

Date: Q4 2012

Acting on behalf of M&G Real Estate we advised on the purchase of this industrial investment from LaSalle Investment Management for £10.25m, reflecting a net initial yield of 8.25%.

The property comprises a purpose built high specification distribution warehouse totalling 181,604 sq ft and built in 1992.  Let to VWR International Ltd for a further 7 years at a passing rent of £895,000 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


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