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Birmingham Post

Business

Andrew Arthur

Topland Group buys and lets Gloucestershire warehouse in £8.9m deal

Gloucestershire South West London

A warehouse In Gloucestershire has been acquired and leased back in a deal worth £8.9m.

London-based investment firm Topland Group has completed an off-market sale and leaseback agreement for a 150,000 sq ft unit on the Northway trading estate near Tewkesbury.

The company, which is headed by billionaire brothers Eddie and Sol Zakay, will let the building on a 15-year lease term to electronics business Domestic Appliance Distributors.

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