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
