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Email: Phone: 0207 486 5777

Red Kite buys a 100,000 sq ft distribution warehouse from Aberdeen Asset Managers

On behalf of private Equity clients Red Kite has negotiated the purchase of Chesford Grange Distribution Centre at Warrington from Aberdeen Asset Managers. Purchase price was £4m and this reflects a 11% yield. The property is let to Stapletons Tyres and First Aid Holdings. The rent paid is £462,180 p.a.

Lewies Eliis acted for Red Kite and Tudor Toone acted on behalf of the vendor.