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Case Study » Industrial Breakup
Brazil Close, Beddington Farm Road, Croydon
Acquired and sold on behalf of Wallop Estates
Freehold industrial estate.
Three industrial/warehouse units totalling 61,593 sq ft.
Let to D & B 5A1 rated covenant with over 13 years unexpired.
Units 3 & 2 sold to owner occupiers in Feb ‘10 and Dec ’11.
Following targeted off-market discussions, the remaining unit was sold to a UK pension fund for 6.85% NIY
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