Primark Distribution Centre, Northamptonshire - September 2011
MREFII acquired the freehold of a 637,000 sq ft Distribution Centre in Thrapston, Northamptonshire from Ikea in September 2011.
Located close to the UK’s distribution ‘golden triangle’, the investment is let in its entirety to Primark Stores Ltd, part of the ABF Plc Group.
Constructed in 1998, the Central England distribution warehouse comprises of unrestricted B8 storage and distribution use with parking for 156 cars, 74 lorry’s and trailer parking for 61.
Key Facts
- Acquired in September 2011
- 637,000 sq ft distribution centre in Thrapston close to the UK’s distribution ‘golden triangle’
- Let in its entirety to Primark Stores Ltd
- A large unitilised part of the site offers future expansion of the unit
- Agreement signed with Primark to extend their lease in return for the construction of a 140,000 sq ft extension
- Planning permission granted for the extension works in November 2011