ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE

ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!

Craigavon's Royal Mail delivery office for sale as 'industrial investment opportunity'

Latest Royal Mail and CWU news.This is an open forum.
TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72727
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

Craigavon's Royal Mail delivery office for sale as 'industrial investment opportunity'

Post by TrueBlueTerrier »

Craigavon’s Royal Mail delivery office for sale as ‘industrial investment opportunity’

Image


The Royal Mail delivery office in Craigavon has been put on the market for sale.

The huge site – which extends to over 22,000 sq ft – is located on the Balteagh Road.

The property includes the “purpose-built delivery office and vehicle workshop”, which were constructed almost 70 years ago.

Any would-be buyer would be acquiring a self-contained site of 1.9 acres, which provides considerable circulation space and car parking for in excess of 134 cars and 10 lorries.

The agents for the sale are Lambert, Smith Hampton, who are describing it as an “industrial investment opportunity”.

Offers are being sought in excess of £1,825,000.

And while the property has been put on the market, the Royal Mail Group will remain in situ.

As it stands, they are under a 20-year lease for the site and facilities, which began in August 2011, leaving over eight years remaining on the current contract.

According to the marketing materials: “Craigavon Delivery Office is a principal delivery office network site that forms part of Royal Mail’s ‘last mile service’ commitment. The last mile service commitment is Royal Mail’s obligation to deliver its own and competitor’s mail to customers.

“All mail collected or to be delivered passes through the delivery office network, thus making Craigavon Delivery Office an integral part of the postal service in the UK.”
All post by me in Green are Admin Posts.
Any post in any other colour is my own responsibility.
If you like a news story I posted please click the link to show support Any news stories you can't post - PM me with a link
My sharing of news articles should not be interpreted as an endorsement or condemnation of any particular viewpoint or the issues presented. I share them solely for informational purposes.