GE Energy, Leicester Road, Rugby
INVESTMENT – INDUSTRIAL ACQUISITION
The property comprises an industrial and manufacturing facility of approximately 405,000 sq ft. The property is located 1 mile from the town centre and 0.5 miles from Rugby railway station. Adjacent to the site is extensive new build residential.
Let to GE Energy for a further 10 years the rent subject to uncapped RPI reviews.
The purchase price was £11,500,000.
On behalf of Institutional Investor.