Industrial Logistics Estate
Major Logistics centre with excellent connectivity in Atherstone, Derby.
Set over 26 acres with circa 450,000 square feet let to national retailer.
Acquired, re-let to Royal Mail and sold to Aviva investors. Retained land for future potential.
| Property Type | Industrial Logistics |
| Initial Cost | £15.7m |
| Date Acquired | Aug 2015 |
| Net Rental Yield | 9% |
| Subsequent Expenditure | £3m |
| Date Sold | Sep 2017 |
| Exit Value | £32.68m |
| Unlevered MM | 1.7x |
| Unlevered IRR | 38.6% |