GEFCO UK LTD, EUROHUB, Geddington Road, Corby, NN18 8AA

52,325 sq ft

Prime Investment/Development Opportunity

Investment Summary

  • Rare opportunity to acquire a substantial freehold site of 35 acres (14.16 hectares), currently used as a car storage facility with a 52,325 sq ft (4,860.9 sq m) modern industrial unit. Located in an established industrial location on Eurohub. Excellent transport communications being situated 0.4 miles (0.6 km) east of the A43 and 8 miles (13 km) north of the A14 which provides direct access to the M1, A1, M6, and M11 motorways. Let to Gefco UK Ltd with a parent company guarantee from Gefco SA on Full Repairing and Insuring (FRI) lease expiring 29th July 2021. The passing rent is £1,320,021.24 per annum exclsuive. Sold for £12.55m reflecting a NIY of 9.85%.

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