1,110.00p

Share price at 09:48

Melton Enterprise Park

Melton Enterprise Park, Hull, UK

Melton Enterprise Park
Hull HU14, UK
 - Industrial

  • We acquired a 413,600 sq ft distribution warehouse fully occupied by SCA Timber Supply in June 2014 as part of the Jupiter portfolio.
  • Following discussions with the tenant, we agreed a new 15-year lease, adding 11.5 years to the previous term, and a significant increase in rent for an incentive of less than 6 months of rent.
  • SCA is a committed long-term occupier and has further invested approximately £6.0 million of its own capital into the property.

 

 

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