Booker, Braunstone Firth Industrial Estate, Murrayfield Road, Leicester, LE3 1UW

Consolidated Property Group, advised by Nightingale Partners, have completed the purchase of Booker Wholesale, on Braunstone Firth Industrial Estate, Leicester.

Self-contained detached cash and carry warehouse facility extending to 55,634 sq ft.

The 2.45 acre site has longer term redevelopment potential.

The property was acquired for £3,400,000 reflecting a net initial yield of 8.75% and a capital value of £61.00 per sq ft.

• Freehold
• Let on a FRI lease to Giant Booker Limited expiring 27th February 2030 with a guarantee from Giant Bidco Limited at a passing rent of £316,740 per annum, reflecting £5.69 per sq ft.