3663 (Bidvest Food Services) – Cannock

Sequel Props | Matthew-Clark-Runcorn
Matthew Clark – Runcorn
20/11/2015


3663 (Bidvest Food Services) - Cannock


This property, situated in what is known as the "Golden Triangle" for logistics and distribution real estate in the UK, has a lease with 3663, a Bidvest subsidiary, which expires in October 2025. It is a modern industrial unit constructed in 2005, totalling 66 114 sq ft (6 149m2). Well located in Cannock's prime distribution and logistics centre, it is in close proximity to occupiers such as Unilever, APC Overnight and DHL.

Location Birmingham
Use Single storey distribution warehouse, two floors of ancillary offices
Size 66 114 sq ft (6 149 m2)
Site area 5.1 acres (2.06 hectares)
Tenant Bidvest Food Services Limited (3663)
Tenant rating 5A1 - Dun and Bradstreet
Lease expiry 13 October 2025
Acquisition yield 7.8%
Type of lease Fully repairing and insuring, upwards only rent reviews