Unit 2 Sadler Road, Lincoln
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£3,030,000
Aug 2026
NorthCap has successfully advised on the sale of a parcel delivery unit in Lincoln on behalf of Rotherhill.
The property comprises a 26,377 sq ft unit on a prominent 2.47-acre site within Lincoln’s most established industrial and commercial location.
Let to Yodel on a new 5 year FRI lease with a tenant only break option in year 3, at a passing rent of £258,000 pa. There is a rent review on the third anniversary to the higher of OMRV and CPI.
The sale price achieved was £3,030,000, reflecting a net initial yield of 8%.
