Warehouse REIT acquires £4.2 million unit in Wakefield

Specialist warehouse investor Warehouse REIT exchanged contracts to acquire a 53,000 sq ft single-let industrial unit with 11 metre eaves in Wakefield for £4.2 million. The unit was acquired via a sale and leaseback to Stapleton’s Tyre Services on a 15-year lease, generating £281,000 per annum which equates to £5.25 psf. It acts as its … Continue reading Warehouse REIT acquires £4.2 million unit in Wakefield