The industrial asset comprises a newly built warehouse unit totalling 96,000 sq. ft, providing high specification industrial accommodation. The property has achieved a BREAAM Excellent rating , a certification from the Building Research Establishment that this building has achieved the highest possible standard in sustainable values in construction.
The property is fully-let to Lightning Source Ltd, a subsidiary of Ingram Content Group, on a newly agreed 10-year FRI lease with no breaks. The passing rent equates to £7.75 per sq. ft, with an RPI linked uplift in the fifth year.