West London warehouse park changes hands for £200m
08 June 2020
SEGRO has acquired Perivale Park, a 34 acre urban warehouse estate in Perivale, West London, from Federated Hermes for £202.5 million.
The estate is located in SEGRO’s core west London cluster alongside the A40 main road into Central London and within 2 miles of London’s inner arterial road, the North Circular Road.
It is adjacent to Perivale Underground Station.
The estate provides 55,100 sq m of lettable space across 23 units and 8 acres of land which is currently leased as a vehicle compound but has medium term development potential.
Perivale Park generates a topped-up passing rent of £6.8 million.