Derby car dealership sold for £5.1m
Custodian REIT, the Leicester property investment company, has bought a 24,845 sq ft car dealership on Pride Park business park in Derby for £5.1m
The property is let to VW Group UK and sub-let to Goodman Retail (trading as Sytner) on a lease expiring on 23 November 2025.
Richard Shepherd-Cross, managing director of Custodian Capital, said: "We are delighted to have secured this well-established property within Derby's prime motor retail pitch, let to one of the UK's largest motor retailers on a long-term lease. The tenant has ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
