Leading property consultancy Commercial Property Partners (CPP LLP) has closed the sale of a £11m industrial and logistics complex on High Common Lane in Doncaster on behalf of a corporate client.
The substantial 616,000 sq ft industrial investment has been acquired by Clearbell, the independently-owned private equity fund management and advisory business, to strengthen its portfolio of industrial and logistics property in the North.
DHL Supply Chain Ltd, the warehousing and distribution supply-chain logistics specialist, occupy the site by way of an eight year lease.
Toby Vernon, co-founding partner at CPP, commented: “We are delighted to have facilitated the sale of this large logistics complex to Clearbell.
“The investment at High Common Lane is a significant transaction of a large and complicated facility comprising 13 individual units. This site will be a great addition to Clearbell’s portfolio due to its size and future potential.”
The site boasts good national transport links, 8 miles south-east of Doncaster, 6 miles south-west of Doncaster Sheffield Airport, and approachable by J3 of the M18 and J34 of the A1.
M1 Agency represented Clearbell in the transaction.
