Ashby Park Investments Ltd (a joint venture between Caledonia Plc and Buccleuch Group), advised by Strutt & Parker and Dexter Brown, has sold the freehold interest of Unit 16, Ashby Park, Leicestershire to Sackville Properties for £6 million, reflecting a net initial yield of 7%.

The property comprises 71,130 sq ft of modern high specification warehouse accommodation, including 21,055 sq ft of two storey offices. The investment currently generates a rental income of £440,400 per annum and is let to the UK's leading provider of outsourced contact centre solutions, MM Teleperformance Limited, on a lease expiring in 2018.

Knight Frank advised Sackville Properties.

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