CASE STUDY
TNT NUNEATON
& CANNOCK DEPOTS
TECHNICAL DUE DILIGENCE:
DISPOSALS:
Objectives:
To negotiate disposal of 2 surplus parcel distribution buildings and minimize void holding periods
To maximise disposal proceeds and complete sales before year end, critical for P&L purposes
Outcomes:
Prepared sales brochure and collated all required due diligence to populate data room
Identified prospective purchases and created bid tension
Negotiated disposals of £1.475m (Nuneaton) and £1.5m (Cannock), each in excess of book value
Sales completed prior to year end
Savings Achieved: TBC
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Legals
3PLRE
Address
Hampden House | Monument Park | Chalgrove | Oxfordshire | OX44 7RW