Cogent Advise Columbia Threadneedle on the Sale of President Park, Sheffield

Cogent have advised Columbia Threadneedle on the sale of Unit B President Park, Sheffiled. The RPI linked Long income Investment was purchased by Ribston Estates for £2,775,000 equating to 4.75% NIY. The property comprises a well specified detached last mile industrial warehouse unit totalling 24,323 sq ft (2,259.70 sq m) GIA let to Alton Cars Limited until 2035 providing an unexpired lease terms of 13.75 years. For further information please contact Gerry Connolly.