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Barwood Capital finds a good fit in Highams Park, North London

1 September 2014

On behalf of the Barwood Commercial Property Limited Partnership, Barwood Capital has purchased a 40,000 sq ft industrial warehouse just off the North Circular in Highams Park, Chingford for £2.86m.

Barwood has secured a simultaneous leaseback to mannequin manufacturer, Proportion>London for 15 years, paying £338,500 per annum equating to £7.75 per sq ft. Barwood will undertake a comprehensive refurbishment of the warehouse building in readiness for the tenant’s occupation in January 2015.

BNP Paribas acted for BCPLP on the purchase.