Property overview

G Plan Upholstery, Hampton Park West, Melksham SN12 6GU

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£ Confidential
Jan 2022

AP Investment has completed the purchase of a single let industrial investment in Melksham for ARA Dunedin in their JV with Carlyle.

 

The 2001 built unit is located on Hampton Park West and extends to 93,928 sqft on an overall site of 7.73 acres. 1 acre of the site offers potential expansion at the rear of the site.

 

The unit is let on a 15 year lease from March 2021 to G Plan Upholstery Ltd. Sofa Brands International Ltd act as a guarantor. The unit is let off a rent of £5.00 per sqft. There are 5 yearly rent reviews linked to CPI with an annual collar and cap of 1.5% & 3.5%.

 

M1 Agency acted for the vendor.

 

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