Long-let property acquired by LXi REIT plc
Sector: Commercial • Location: Middlesbrough, North East England, United Kingdom
Source: Financial Conduct Authority (FCA)
A long-let commercial property comprising 127,000 sq ft of built area, 850 car parking spaces, and a petrol filling station on a 16-acre freehold site located east of Middlesbrough town centre, UK. Fully let to Sainsbury's Supermarkets Limited with 19 years unexpired lease and inflation-linked rent reviews. The property includes sub-tenants Argos, The Food Warehouse, B&M, KFC, and Costa. Acquisiti
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | Obfuscated Data |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | A long-let commercial property comprising 127,000 sq ft of built area, 850 car parking spaces, and a petrol filling station on a 16-acre freehold site located east of Middlesbrough town centre, UK. Fully let to Sainsbury's Supermarkets Limited with 19 years unexpired lease and inflation-linked rent reviews. The property includes sub-tenants Argos, The Food Warehouse, B&M, KFC, and Costa. Acquisition valued at £58.9 million with a net initial yield of 4.9%, expected to rise to 5.7% in 2025. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |