ACRE Capital have advised Kennedy Wilson Europe on the acquisition of the KAB Seating distribution warehouse located on Stone Circle Road in Northampton in close proximity to the A43 and the M1 Motorway.
The building extends to approximately 228,500 sq ft and is positioned on a strategic 13.6-acre site. The property is let to KAB Seating Limited, with a guarantee from CVS Holdings Limited, on a new seven-year lease.
The property was acquired for approximately £15,000,000.
Property Type: Distribution Warehouse
Transaction Type: Acquisition
Client: Kennedy Wilson