Crown Packaging Manufacturing Leicester

Great Bear Distribution Deeside,south of liverpool
28/05/2018

Crown Packaging Manufacturing Leicester


The property is well located on Radar Road in the established Braunstone Frith Industrial Estate, Leicester. Considered to be the best distribution location in the UK in the heart of the Golden Triangle, this is a premier logistics hub located 2.5 miles from the M1, the largest and major north/south arterial in the UK. This modern, high specification property was constructed in 2002 as a national distribution facility and comprises 184,239 sqft of ground floor warehouse and ancillary offices. The property is let to Crown Packaging Manufacturing Limited on a 10 year lease expiring in September 2027. Crown Packaging is the No.1 producer of food and aerosol cans in the world and the No.2 producer of beverage cans in the world. Their metal packaging technology is market leading and they operate in 36 countries employing 24,000 people with net sales of $8.3bn globally.


Use A single storey, modern distribution warehouse with ancillary office accommodation.
Size 184,239 square foot ( site coverage 50% )
Tenant Crown Packaging Manufacturing UK Limited ( D&B 5A1 )
Lease expiry 24 September 2027,no tenant break
Acquisition yield 5.15%
Type of lease Fully repairing and insuring ( ie tenant responsible for all operating costs),upwards only 5 yearly rental reviews ).
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