Holmbush House Holmbush Industrial Estate, MIDHURST, GU29 9HX, UK

Holmbush Industrial Estate, Midhurst

Asset Description

The property is in close proximity to the busy A286 (0.4 miles) which provides direct access to the A272 0.6 miles) which connects to the A3 (9.9 miles).
The estate comprises 26 units ranging from 3,035 sq ft to 25,182 sq ft, totalling 99,318 sq ft.
The site extends to 5.80 acres (2.35 hectares), providing a low site cover of 39%.

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Building area Gross

9,227 m²

Occupancy

100.00%

Year built

2000

Property Reference Number

100062341134

A highly reversionary multi-let industrial estate, located in the South-East of England.
The investment presents the opportunity to increase the income of the estate by c.25% within a short time frame, with 70% of the income being subject to a lease event in the next 2 years.
Currently producing a headline rent of £673,555 per annum, which equates to a low average rent of £6.78 psf, with excellent prospects for driving rental growth through various asset management initiatives and ‘quick wins’.