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INVESTMENT ACQUISITION

 

Unit 1, Brookdale Road, Thorncliffe Distribution Centre, Sheffield

Client: Private Property Company

 

  • Off-market investment acquisition
  • Reversionary rent
  • Single-let industrial / distribution unit
  • £1.4m
  • NIY 6.23%
  • NRY 7.09%

 

Acting on behalf of a private property company client, GV acquired the freehold interest in this purpose built distribution warehouse/workshop, with 5.33 years.

The investment comprises a 21,000 sq.ft unit on a site of 1.64 acres (low site cover of 29%) in an established industrial area in close proximity to Junction 35A of the M1.