MK2 has advised Canada Life on the sale of Unit A Interlink Park, a modern Distribution Warehouse extending to 7,089 sq.m (76,304 sq.ft) located within the Midlands prime logistics Golden Triangle.
The property is let to Bunzl Retail and Healthcare Supplies Limited on full repairing and insuring terms at a rent of £381,520 per annum.
The property was sold for £6,250,000 reflecting a net initial yield of 5.77% after allowing for purchasers cost of 5.8%