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Selling in the 3’s on the North Circular

By March 2020 Transactions

ACRE Capital have advised Aviva Investors on the sale of the Selco Builders Warehouse on Yeats Close in Wembley.

The property extends to approximately 45,300 sq ft and is positioned with highly strategic prominence to the A406 (The North Circular). The property was speculatively constructed in 2016 and pre-let to Selco Trade Centres on a new 15-year lease.

The property was sold for £16,100,000, reflecting a Net Initial Yield of 3.57%.

Location:  Wembley
Property Type: Trade Counter Warehouse
Transaction Type: Disposal
Client: Aviva Investors