Univar Solutions, Irlam

Investment

Univar Solutions, Irlam

Property description

  • Marshall CDP acquired this strategic site with the aim of securing vacant possession.
  • B8RE however advised on the occupational lease re-gear and were able to negotiate a new 30-year lease to the tenant at a premium rent.
  • B8RE were subsequently appointed on the investment sale and following an extensive marketing campaign, and a very competitive bidding process, a very strong price was agreed at over 80% above the asking price.
  • Under tight timescales, B8RE closely monitored and advised throughout resulting in a successful completion

Location

Univar Solutions, Irlam, M44 5AL

Client
Marshall CDP
Date
May 2022
Rent
£358,400 pa
Size
8.96 acres (3.63 hectares)
Tenancy
Let to Univar Solutions on a 30 year unbroken lease
Type
Industrial Investment Sale
Value
Confidential