ACRE Capital have advised Moorfield on the purchase of Ann Summers, Whyteleafe a modern last mile distribution warehouse and production facility positioned in close proximity to Croydon and J6 of the M25 motorway.
The property comprises a modern distribution warehouse and production facility extending to c.86,500 sq ft. The building benefits from warehouse and production space over multiple mezzanine levels, with a substantial ancillary office. The opportunity offered Moorfield excellent value relative to its Greater London location and close proximity to the M25 motorway.
The property was purchased by way of sale and leaseback from Ann Summers for £12,500,000.
Property Type: Industrial Warehouse
Transaction Type: Acquisition
Client: Moorfield Group