1.Bidfood
Cannock, Birmingham, UK
This property, situated in what is known as the “Golden Triangle” for logistics and distribution real estate in the United Kingdom.
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The property is well located on Radar Road in the established Braunstone Frith Industrial Estate, Leicester. Considered to be the best distribution location in the UK in the heart of the Golden Triangle, this is a premier logistics hub located 2.5 miles from the M1, the largest and major north/south arterial in the UK. This modern, high specification property was constructed in 2002 as a national distribution facility and comprises 184,239 sqft of ground floor warehouse and ancillary offices. The property is let to Sonoco Metal Packaging Limited on a 20 year lease expiring in September 2037. Sonoco, listed on the New York stock exchange, is the world's largest producer of composite cans, tubes, and cores, with annualised net sales of approximately $7.3 billion. Sonoco has 19,900 employees in more than 335 operations in 33 countries.
Leicester, in the ‘Golden Triangle’
A single storey modern distribution warehouse with ancillary office accommodation
184,239 square foot (site coverage 50%)
Sonoco Metal Packaging Limited
24 September 2027, no tenant break
5.15%
Fully repairing and insuring (ie tenant responsible for all operating costs), upwards only 5 yearly rental reviews.
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