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Distribution & Warehouse Investment in the ‘Golden, Triumph Motorcycle Works, Jacknell Road, Hinckley, LE10 3BS
188,242 Sq Ft / Industrial
Withdrawn - Last updated: 19 April 2021
- Prime distribution and warehouse investment located in the ‘Golden Triangle’, benefiting from excellent road communications with easy access to the M1, M6 and M69.
- The property comprises one of two complimentary manufacturing and distribution facilities occupied by Triumph in Hinckley.
- The property comprises warehousing with research and development and a paint workshop that is vital to Triumph’s manufacturing process.
- Let to the secure covenant of Triumph Motorcycles Ltd (4A2) with a guarantee from Bloor Holdings Ltd (5A1) with over four years unexpired.
- Rent passing of £XXX per annum exclusive, reflecting a low base rent of £XXX per sq ft.
- We are instructed by our clients to seek a figure in excess of £XXX (nine million, two hundred thousand pounds) subject to contract and exclusive of VAT. An acquisition at this level would reflect a net initial yield of 8%.
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