Industrial

DHL Distribution Unit, Brighton Road, Salfords 

 

Price: £5,400,000 - Initial Yield:8.80%

Date: Q4 2012

Acting on behalf of M&G Real Estate we advised on the purchase of this industrial investment from DHL Supply Chain Ltd for £5.4m, reflecting a net initial yield of 8.8%.

The property comprises a distribution warehouse originally constructed in the 1950’s with surrounding service yard and car parking areas. The unit totals 102,719 sq ft and has been extended to the rear of the property to provide a cold store. The property has a total site area of approximately 5.85 acres. Sale and leaseback from DHL Supply Chain Ltd.  Let to DHL Supply Chain Ltd for a further 5.92 years at a rent passing of £500,000 p.a. (£4.87 psf).

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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