Attributs
Description de l'actif
A fantastic opportunity to acquire a stabilised, high-performing asset with significant reversionary potential. This unique investment includes both a thriving self storage business and the freehold of the entire site, offering substantial upside through expansion and optimisation.
Expansion Potential
With a Maximum Lettable Area (MLA) of 43,880 sq ft, there is a significant opportunity to expand the self storage business beyond its Current Lettable Area (CLA) of 13,655 sq ft:
- 16,500 sq ft from fitting out the adjacent 22,000 sq ft wholesale building
- 10,125 sq ft from mezzanine floor extension in the adjacent building
- 3,600 sq ft of new drive up units
JLL forecasts that upon completion of these expansion projects, stabilised revenue could exceed £950,000, presenting an exceptional opportunity to capitalise on the site's full potential.
Points forts de l'investissement
Current Lettable Area (CLA): 13,655 sq ft
Maximum Lettable Area (MLA): 43,880 sq ft
Occupancy: 84%
Achieved Rent per sq ft: £21.90
Annual Turnover: £250,000
Adjusted Net Profit: £196,000
Média
