Flagstaff 42 Industrial Park, AshbyPosted on March 2, 2013
Prominent Midlands Distribution unit in an established ‘distribution’ location situated on Junction 13 of the M42/A42, providing direct dual carriageway access to the M1 and M6.
The property has recently been extended and provides approximately 324,389 sq ft of warehouse accommodation on total a site of 21.54 acres
The property provides a high bay distribution warehouse constructed around a steel portal frame with a maximum eaves height of 20 metres. The property also benefits from 40 dock level loading bays, gatehouse security, vehicle maintenance unit and 200 trailer parking spaces.
The property is fully let to United Biscuits (UK) Limited (5A1) until 29 September 2027 at a passing rent of £1,708,000 pa and is subject to a fixed rent increase at first review taking the running yield to 8.58%