Booker – Lincoln

Sequel Props | B&M-Towcester
B&M Retail Limited – Towcester
Sequel Props | SIG-Cardiff
SIG – Cardiff

Booker - Lincoln

This property is prominently located approximately four miles south west of the Lincoln city centre in the commercial area known as South West Quarter Business District. This business node has good access via the A46 to the A1 and the middle of Lincoln. The property is six years old and comprises a modern warehouse used as a cash and carry operation by Booker Limited, a wholly owned subsidiary of the Booker Group plc, which is listed on the London Stock Exchange. Booker is a long established business and is the UK's leading food wholesaler with over 500 000 customers, including independent convenience stores, grocers, leisure outlets, pubs and restaurants. The lease expires in March 2024.

Location Lincoln
Use Single storey cash and carry warehouse, internal offices
Size 47 822 sq ft (4 447 m2)
Site area 2.4 acres (1 hectare)
Tenant Booker Limited
Tenant rating 5A1 - Dun and Bradstreet
Lease expiry 13 March 2024
Acquisition yield 6.8%
Type of lease Fully repairing and insuring, upwards only rent reviews