This of a c.563k sq ft logistics hub was pre-let to Ocado Holdings Limited (guaranteed by Ocado Group plc) on a 30-year lease, subject to five yearly rent reviews indexed to the RPI (capped and collared).
This highly automated asset is central to helping Ocado fulfil its growing capacity needs in London and the South-East. Upon reaching full capacity, it is anticipated that this facility will employ 3,500 staff, hold up to 53,000 products and turnaround a staggering 200,000 orders a week.
