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Recticel Limited, Unit 2, Azalea Close, Clover Nook Industrial Estate, Alfreton, Derbyshire, DE55 4QX

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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.