Cabot 38, Worcester 6, Worcester, WR4 0AD
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Atlas Real Estate has completed the speculative development funding of Cabot 38, Worcester 6 Distribution Park, Worcester on behalf of Cabot Properties.
The property occupies a prime position in close proximity to Junction 6 of the M5 on the established Worcester 6 Distribution Park. The park is home to a number of household names including Spire Healthcare, Ionos, Kohler Mira and Kimal and when completed will provide over 2 million sq.ft of employment space.
The property comprises a top specification distribution warehouse totalling 38,073 sq.ft and has been constructed to an EPC A rating and a BREAM rating of very good.
The property was funded at a price of £5,300,000 representing a capital value of £139 per sq.ft.
Atlas Real Estate represented the Cabot Properties and BNP Paribas represented the developer, Stoford Properties Limited.
