ACRE Capital are pleased to have advised Peleton on the acquisition of Metalock, Coventry. The property comprises a 28,217 sq ft, two-bay industrial warehouse with offices on a secure 1.56-acre site, benefiting from a low site cover of just 35%. It is let to Metalock Engineering UK Ltd on a new 10-year sale-and-leaseback, delivering secure income in the heart of the Midlands.
Location: Coventry
Property Type: Single-let HQ Warehouse Facility
Transaction Type: Acquisition
Client: Peloton Real Estate
