Royal London Mutual Insurance Society (RL) has completed the purchase of the long leasehold interest in the International Trading Estate, Southall from Cardinal Lysander for an undisclosed sum.
International Trading Estate is a multi-let industrial estate, located to the north-east of Heathrow Airport, close to junction 3 of the M4 motorway. The estate comprises of approximately 800,000 sq ft of warehouse accommodation, on 33 acres of strategically located prime commercial land, within the heart of West London.
“This transaction results in RL controlling the unencumbered freehold interest in the site, enabling the intensification of the asset management across this substantial holding, in a prime West London location,” explains Len Rosso, Head of Industrial and Logistics at Colliers International.
RL were represented by Colliers International. Cardinal Lysander were represented by Wort Cherry.