Skip to contentSainsbury's National Distribution Centre, Tamworth, B77 5PB
Investment Acquired
Richard Wright
- Institutionally specified cross docked warehouse extending to a total of 423,420 sq ft (39,337 sq m), incorporating a warehouse, offices, Resource Recycling unit and vehicle maintenance unit
- Site area of 29.71 acres, providing a very low site cover of 33%
- Let to Sainsbury's Supermarkets Ltd (Experian: very low risk) on FRI terms expiring 30 October 2037 (15.5 years unexpired lease term) benefitting from a guarantee from J Sainsbury's plc (Experian: very low risk)
- Current passing rent of £2,940,587 per annum reflecting £6.94 per sq ft
- CPP advised on the successful acquisition, price paid was in excess of £95m
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