Drake & Partners

Recent Deal

Sold to Urban Logistics REIT plc

LF50 Lodge Farm, Northampton

49,443 Sq Ft

Contact us

Contact: Nicholas Roberts

Tel: 01604 620616

Email: nroberts@drakeandpartners.co.uk

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”.

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