Drake & Partners have completed the sale of a warehouse investment on Lodge Farm in Northampton for a figure of £5,200,000. The property was extensively refurbished prior to letting to Trans Global Freight Management Ltd, who took a 10 year lease. The property was sold on behalf of private investors.
Nicholas Roberts, Partner at Drake & Partners said: “Demand remains extremely strong for good quality, well let, prime and good secondary industrial investments. Our clients were very pleased to have agreed terms with Urban Logistics who performed extremely quickly”.