Yorkshire assets part of £215m property portfolio sale

SIX  Yorkshire assets have been brought to market as part of a multi-let industrial and logistics portfolio known as The Ocean Portfolio, with a quoting price of £215m.

Acting on behalf of DTZ Receivers, the portfolio comprises 12 assets across the UK and Fradley Park, Lichfield, a 1.75m sq ft prime industrial and logistics park.

Other assets in the portfolio include four assets in Leeds, two in York, which which include York Business Park and properties at Clifton Moor, Follingsby Park in Gateshead, three in the North West (at Deeside and Blackrod Trading Estate in Bolton); Swinderby Industrial Estate in Lincoln; and a large distribution unit at Swift Park, Rugby.

The Ocean Portfolio and Fradley together generate a total rent roll of £15.6m pax.

DTZ’s Charles Howard, Tim Cameron-Jones and Jason Winfield are advising on the portfolio, which is principally made up of prime logistics and manufacturing units, with a blend of smaller asset management and development opportunities.