Lymedale Warehouse Lease
Sector: Warehouse • Location: Newcastle-under-Lyme, Staffordshire, United Kingdom
Source: Financial Conduct Authority (FCA)
Lease acquisition of a newly constructed 332,000ft2 warehouse at Lymedale Business Park, Newcastle-under-Lyme, Staffordshire, UK. The lease is for 15 years with a tenant break after 12 years. This warehouse increases the Food division's capacity by 52,000 pallets and is expected to be fully operational by early Autumn 2024. The right-of-use asset value is £26.5 million with an associated lease lia
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Participants
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Company | Obfuscated Data |
Status
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Lease acquisition of a newly constructed 332,000ft2 warehouse at Lymedale Business Park, Newcastle-under-Lyme, Staffordshire, UK. The lease is for 15 years with a tenant break after 12 years. This warehouse increases the Food division's capacity by 52,000 pallets and is expected to be fully operational by early Autumn 2024. The right-of-use asset value is £26.5 million with an associated lease liability of £25.2 million. Initial capital expenditure is approximately £8.5 million. Expected IRR is 20% with additional operating profits forecasted. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
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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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