InPost, Sedgefield Way, Stockton-on-Tees TS18 2SG
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£2,550,000
Oct 2026
NorthCap has acted on behalf of Pennine Investment Management advising on the acquisition of a single-let, freehold distribution warehouse on Portrack Interchange Business Park in Stockton-on-Tees.
The property comprises 34,442 sq ft on a self-contained 2.77 acre site with low site cover of circa 29%. It is let to InPost Delivery Network Limited (formerly Yodel) until December 2030, with a tenant break in December 2028, at a passing rent of £250,331 pa reflecting £7.27 psf.
The purchase price was £2,550,000, reflecting a net initial yield of 9.20% and a capital value of £74 psf.
Peter Winfield of Kimmre acted for the vendor, Blue Coast Capital.
