Acquired: 2003
Status: Realised
The property was acquired as a sale and leaseback from and is jointly held with a private owner occupier.
The property comprises a 17 acre industrial estate incorporating circa
167, 500 sq ft of traditional warehousing space within 6 principle units.
The site is located fronting the roundabout intersection with the Llanelli
dual carriageway link to junction 48 of the M4 Motorway (2 miles), approximately
3 miles north east of Llanelli and 12 miles west of Swansea.
The property was sold in 2006 generating a return of capital of 312% for the joint venture.
