The 209,000 sq ft shed on Marston Park was bought by Praxis in early 2015 with nine months’ remaining of a 20 year lease to Early Learning Centre, owned by Mothercare Plc.

Praxis initiated a speculative £2m refurbishment of the unit and a deal with Amazon was agreed during the refurbishment programme. The refurbishment and Amazon fit-out was managed by PREM (Praxis’ UK based Asset Management arm) in eight months.

Steve Faber, Managing Director of PREM, said: "We are delighted with the swift execution of our business plan, concluding with the disposal of this high quality asset."

Finn & Company acted for Praxis on the sale.