Property overview

Max Distribution Warehouse, Welham Green, Hatfield, AL10 8XF

sold

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£15,940,000
May 2012

Franck-Steier Price has recently completed the sale of a prime distribution warehouse on behalf of a charity.

The property is located in Hatfield, a short distance from Junction 2 of the A1(M), and comprises a modern distribution warehouse of 15,164 sq.m (163,226 sq.ft).

The property let to Tesco Stores Ltd for a term of 15 years with effect from 11th June 2004 at a passing rent of £1,215,000 per annum exclusive.

The property sold for £15,940,000 which