Prime Single Let Last Mile Industrial Investment
In December 2021, Joiner Cummings acted on the sale of City 7 in Sheffield on behalf of a client.
- Prime last mile urban industrial investment.
- Newly fully refurbished detached warehouse providing 59,864 sq ft on a large secure site.
- Highly strategic and established industrial and logistics location off Sheffield Parkway (A57), which provides excellent access to Sheffield City Centre and the M1.
- Let to the strong covenant of Ferraris Piston Service Limited, forming part of the substantial Alliance Automotive and Genuine Parts Group.
- Five year FRI lease (Outside the 1954 Act s. 24-28) expiring in July 2026, providing 4.9 years unexpired.
- Freehold 2.9 acre site.