Dodwells Road, Hinckley

This is a prime logistics investment, positioned directly opposite Tesco’s main distribution centre within the 'golden triangle', UK's core logistics hub where 90% of the population can be reached within a four-hour drive. The site offers excellent connectivity via the M1, M6, and M42 motorways. The property has outstanding operational credentials and a long history of blue-chip occupation (Christian Salvesen, Norbert Dentressangle, and now GXO under Tesco’s name), with the operation in place for around 30 years.

The property comprises a modern 2 bay warehouse with 14 dock levellers, a ground level access door, eaves of 9.8m, and ground floor shed with first floor offices at the front, plus a concrete mezzanine used for storage. Around 25% of the first floor is fitted as offices and staff welfare.

• Ground: 46,495 sq ft
• 1st/Mezzanine: 15,587 sq ft

This unit is where Tesco do their crate washing (capacity over 67,500 per day), along with baling of cardboard and plastics returned from stores. This is a full 24/7 operation, 364 days a year.

• Let to: Tesco Distribution Ltd (lease to May 2027) - a subsidiary of Tesco PLC, with an exceptionally robust balance sheet
• Passing rent: £399,950 per annum
• ERV: Estimated between £9.5 psf, offering future uplift in two years in Q2 2027

Guide Price: £5.4m