DHL - sale of newly developed industrial terrace pre-let
Investment sale of a newly developed terrace of 5 industrial units let to DHL
Acquired by
Urban Logistics REIT
Price
£1,405,000
Client
Private Investor
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The property comprised a terrace of 6,742 sq ft capable of being subdivided into 5 units but let as a whole to DHL International (UK) Ltd for a term of 5 years with a tenant break at year 3. The passing rent was £76,000 per annum reflecting £11.27 psf.
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