Midlands - Warehouse Investment (Up to 75% funding available)

The Asset

Price: £4.75 million
Net initial yield: 8.96%
Location: Midlands, UK
Accommodation: c.86,000 sq ft
Type: Warehouse
Transaction: Sale and leaseback
Tenant: Major multinational food corporation
Lease: 10 year FRI lease + option for 10 year extension

The Finance

LTV: Up to 75%
Term: 5 years

Funding Terms

LTV / Interest rate*
60% / 6.20%
65% / 6.85%
70% / 7.51%
75% / 8.08%

* Based on 5 year term and on market rates as at 16.06.09

For further details contact Dorothée Queyroux on 0845 210 5000 or by email at dorothee@redchilli.com

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