Deal – 29th November 2018
DPD Group takes prime industrial property in Frimley
London Metric Distribution Limited, advised by Curchod & Co and Savills, has let a 24,327 sq ft industrial property at Prime 24, Lyon Way in Frimley, Surrey to DPD Group UK Limited.
The nationwide parcel delivery business has taken the newly-built property on a ten-year lease at an annual rent of £298,000 (£12.00 per sq ft).
David Bowen of Curchod & Co said: “As the UK’s leading parcel delivery service provider, DPD identified Prime 24 as an ideal addition to its nationwide network of distribution hubs, enabling it to increase its business offering to companies and individuals in the Blackwater Valley.”
DPD Group was represented in the transaction by SBH.
Surrey & Hampshire property specialists
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