Atherstone

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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%

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With the ultra-high technology companies and candidates that we work with, the Tech Park’s location and its links to the world class Cranfield University are an important part of our own brand.

GEOFF COCKLE, DIRECTOR, VECTOR RECRUITMENT, TENANT OF CRANFIELD UNIVERSITY TECHNOLOGY PARK

Within our distributions and logistics division, we have undertaken a broad spectrum of investments, including acquiring let units as well as acquiring and re-fitting existing units

AKBAR SHEIKH, DIRECTOR OF SHEIKH HOLDINGS

Ruh Dental is a premium boutique dental brand with offices in Fleet Street, Notting Hill Gate and Manchester

ZAYBA SHEIKH, PARTNER AT RUH DENTAL