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City 7, Parkway Close S9 4WJ

Status: Sold

Date: 22 December, 2021

Type: Industrial

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.