Unit 21 Thorpe Way

• Located within UK’s premier logistics “Golden Triangle”.
• Excellent transport links to the M69, M6 and M1 motorways.
• Extending to approximately 95,000 sqft of warehouse and office accommodation.
• An average yard depth of approximately 45m.
• Freehold.
• Let on FRI terms to White Stuff Limited who have an Experian score of 100, a risk rating of Very Low Risk.
• Initial passing rent of £526,000 pa increasing to £706,276 pa from 18th December 2023.
• Lease expiry 17th December 2028, with a tenant only break on 17th December 2026.
• Approximately 5.1 years until expiry and 3.1 years to break.
• The tenant has been in occupation since 8th March 2011 and renewed the lease in October 2023.
• Investment value underpinned by vacant possession value.

Offers in excess of £11,030,000 (Eleven Million and Thirty Thousand Pounds) subject to contract and exclusive of VAT, reflecting a net initial yield of 6.00% and £116 per sq ft assuming purchasers’ costs of 6.70%.