Bidwells logo
EGR Drone.PNG
Projects

EGR Europe, Foxhunter Drive, Linford Wood, Milton Keynes MK14 6FE

Client
EGR Europe Limited
Price
£9.3m

Share this project:

LinkedIn icon View us on LinkedIn Twitter icon View us on Twitter Facebook icon View us on Facebook Email icon View us on Email

Bidwells Capital Markets team has facilitated a sale & leaseback of EGR’s UK warehouse on Foxhunter Drive, Milton Keynes

Headquartered in Australia and with sites in Asia, Europe and North America, EGR is a world class designer and manufacturer of automotive and building & commercial products. The Milton Keynes warehouse totals 60,000 sq ft on a site of 3 acres.

EGR Europe with a guarantee from the parent company has entered in to a 15 year lease, with 5 yearly RPI linked rent reviews subject to a collar of 2% and a cap of 4% at a commencing rent of £599,000 per annum.

The investment sold for £9.3 million reflecting a net initial yield of 6.0%.

Paul Davies from our Milton Keynes office acted for EGR when they bought the property 10 years ago and having stayed in touch with them since, Bidwells was invited to pitch for the sale.

Get in touch

602240

James Keys

Partner, Capital Markets

James is no stranger to the investment world, having been part of it for over three decades.

Read more

Current Sales & Completed Transactions

Take a look at current sales, and the deals recently completed by the Capital Markets team

View current sales View completed transactions

Related services:

01

Capital Markets

Your proactive partner – guiding each strategic move
Bidwells logo

Get in touch

LinkedIn View us on LinkedIn Twitter View us on Twitter Facebook View us on Facebook YouTube View us on YouTube Instagram View us on Instagram
Services
Property search
Want to hear from us?
IEMA-Logo-White 1.png
LI-Logo-White-496x230 1.png
One-Nucleus-Whiteout-Logo 1.png
property-ombudsman-and-trading-standards-logo-1 1.png
REGULATED-BY-RICS-LOGO-WHITE-copy-1170x487 1.png
RIBA-Logo-white-small 1.png
RTPI-logo_CMYK_White 1.png
sub_member_black 2.png
B-Corp-Logo-White-RGB.png
© 2024 / Bidwells LLP

Search Bidwells