1.Bidfood
Cannock, Birmingham, UK
This property, situated in what is known as the “Golden Triangle” for logistics and distribution real estate in the United Kingdom.
play
The property is located in the established New York Industrial Estate approximately six miles north-east of Newcastle City Centre. The wider estate is an established mixed use location incorporating car dealerships, out of town retail and office and business parks, notably the adjacent Cobalt Park. Over the last 10 years Cobalt Park has been one of the most successful business park schemes in the UK and now comprises the country’s largest business park. Constructed in 1999 and fully refurbished in 2018, the property comprises a strategic manufacturing and printing facility for Crown, comprising 72,388 sqft of ground floor warehouse and ancillary offices. The property is let to Eviosys Promotional Packaging UK Limited expiring in June 2032.
Newcastle Upon Tyne, less than one mile from the A19 Motorway
A single storey modern distribution warehouse with ancillary office accommodation
72,388 square foot (site coverage 34%)
Eviosys Promotional Packaging UK Limited (guarantor Crown Packaging Manufacturing UK Limited. D&B 5A2 rating)
26 June 2032, with no tenant break
4.89%
Fully repairing and insuring (ie tenant responsible for all operating costs) with 5 yearly open market, upwards only reviews
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