Corum XL has sold a warehouse and manufacturing facility in Telford to a private buyer for £32.5m.
The 386,662 sq ft freehold properties occupies a 19.4-acre site at Hortonwood 37, part of an established industrial hub next to Telford International Rail Freight Park.
The facility is let to Epwin Group, which manufactures windows, doors and fascia systems, with 13.5 years unexpired.
Mark Johnson, co-founder of MK2 and director in the firm’s investment team, said: “Corum acquired this asset in 2019 in a sale and leaseback from Epwin, with MK2 advising Corum. It was great to re-engage with the Corum team and bring the asset to the market, attracting good interest and achieving the asking price.”
MK2 Real Estate advised Corum XL and Cushman & Wakefield advised the purchaser.
