Recticel Limited, Unit 2, Azalea Close, Clover Nook Industrial Estate, Alfreton, Derbyshire, DE55 4QX
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£6,000,000
Apr 2024
Atlas Real Estate, has successfully advised an institutional client on the disposal of a distribution unit on Clover Nook Industrial Estate, Alfreton. The unit was acquired by St Modwen Logistics.
The unit comprises a detached, refurbished, distribution unit extending to 86,500 sq.ft. The unit is let to Recticel Ltd, guaranteed by Recticel SA, for a further 7.75 years. The current rent is £446,500 per annum equating to a rent of £5.17 per sq.ft.
Knight Frank represented St Modwen Logistics.
