- A modern five-unit industrial estate in South Yorkshire
- 30,000 sq ft with generous secure yards
- Near-term lease events offer scope to capture reversion
Loop Asset Management has acquired Railway Court in Doncaster, South Yorkshire, on behalf of its capital partner.
Built in 2008, the estate comprises approximately 30,000 sq ft across five light industrial units with generous secure yards and is let to two occupiers. Railway Court lies off White Rose Way, close to Junction 3 of the M18, the A1(M) and Doncaster railway station.
The asset was acquired significantly below replacement cost and benefits from the ability to be subdivided and combined. It took Loop's portfolio to three regional multi-let industrial estates totalling 77,000 sq ft.
CPP, Gowling and RLB advised Loop on the acquisition. Barnsdales acted for the vendor.