Weston Road is a c. 115K sq ft Industrial Estate in Crewe. Catella APAM acquired the building in December 2016 for £7.7M (6.89% IY). Catella APAM purchased from a distressed vendor following the Brexit vote. Catella APAM completed a 10-year reversionary lease in 2017 increasing the rent by 13%. Catella APAM sold the asset in June 2018 for £10.6M reflecting a 43% capital increase.
Total leasable area
c. 115 000 sq ft