Logistics firm snaps up Doncaster shed

By Liza Helps Property Editor Logistics Matters

THE COMPANY has secured Urban Logistics REIT’s 130,677 ft2 Trax Park property in Doncaster.

It has taken a 10 year lease at an annual rent of £1 million a year – 10% higher than the rent guarantee Urban Logistics REIT negotiated when  buying the property in November last year.

The unit which was built in 2005 has been refurbished, and has 12m eaves as well as 10 dock and two level access doors with a 45m yard depth. It has had a number of ESG enhancement including the installation of a PV array.

It is located one mile north of Junction 3 of the M18 motorway and 2 miles southwest of Doncaster City Centre.

M1 Agency and Latitude Real Estate advised on the sale of the property to Urban Logistics REIT. M1 Agency advised on the letting.