Prime Distribution Warehouse

A rare opportunity to acquire a high quality, mission critical logistics warehouse located in the UK’s premier logistics park. Located at the Daventry International Rail Freight Terminal, the UK’s largest rail served logistics park in the heart of the Golden Triangle. Prime distribution location, with excellent connectivity, fronting the A5, and providing direct access to Junction 18 of the M1 Motorway. High specification cross-docked distribution warehouse comprising approximately 756,374 sq ft GIA with 360-degree circulation. Entirely let to Tesco Stores Limited for a further 7.2 years (no breaks). Extremely low passing rent of £4,753,898.10 per annum reflecting £6.30 per sq ft. Highly reversionary with an Upwards Only Open Market Value Rent Review in December 2026 providing an opportunity to significantly increase the rental income. Prime rents in the vicinity now exceeding c.£10.00 per sq ft for large logistics units. Tesco Stores Limited a turnover of £61.5bn and have a market capitalisation of £24.6bn. Site area of approximately 51.2 acres providing a very low site cover of 33%. Occupiers in the vicinity include Sainsbury’s, Royal Mail, Tesco Groceries, Great Bear, DHL and Ingram Micro.