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Cannock, Birmingham, UK

Bidfood

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Overview

This property, situated in what is known as the “Golden Triangle” for logistics and distribution real estate in the United Kingdom, has a lease with a Bidvest subsidiary, expiring on 13 October 2030. It is a modern industrial unit constructed in 2005 totalling 66 114 sq ft. Well located in Cannock’s prime distribution and logistics centre, it is in close proximity to occupiers such as Unilever, APC Overnight and DHL.

Location

Cannock, Birmingham, UK

Building use

A single storey, purpose-built distribution warehouse (including ambient, cold and freezer storage) with two floors of ancillary office accommodation

Size of building

66 114 square foot (site cover of 26%)

Tenant

BFS Group Limited

Lease expiry date

13 October 2030

Acquisition yield

7.8%

Type of lease

Fully repairing and insuring (i.e. tenant responsible for all operating costs), upwards only 5 yearly rental reviews

Location

Further holdings

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