Peloton Real Estate sell Elland Road, Leeds
September 7, 2020
Peloton Real Estate have successfully sold the Gibbs & Dandy, Elland Road, Leeds to Ribstone Capital Partners.
The sale for £2.62m follows the recent re-gear of the lease to Saint Gobain Building Distribution Limited for a term of 10 years.
The sale of this asset, for substantially in excess of the book valuation, demonstrates the successful implementation of our core strategy for well let industrial assets in strong locations, combined with our principle that understanding your tenants business is key to delivering returns to our investors.