Thornham Grove Industrial Estate, Leyton London E16_Property for Sale
Thornham Grove Industrial Estate, Leyton London E16_Property for Sale
Thornham Grove, London, E15 1DN, UK

Thornham Grove Industrial Estate, Leyton London E16

Asset Description

Last-Mile Freehold Industrial Estate


The property comprises a multi-let industrial/warehouse estate of 15 units, arranged in five terraces, and constructed late 1970’s/ early 1980’s of portal frame with steel clad elevations, and a pitched roof incorporating translucent panels. In total the estate provides a total 34,065 sq ft (3066 sq m) with individual unit sizes ranging from 934 sq ft – 4,798 sq ft (84.1 – 431.8 sq m), as detailed in the schedule of undertenancies below. Yards are of concrete with tarmacadam access roads. The site area comprises 2.9 acres (1.17 ha) though it is anticipated that a cycle path may require part of the frontage to Leyton Road.

...

Attributes

Building area gross
3,165 m²
Number of units
15
NOI
€240,000
Occupancy
100%
Tenure
Freehold

Media

Investment Highlights

  • Located midway between Stratford and Leyton in the Borough of Newham, with an extensive frontage to the A112
  • Swift access to the A406 North Circular Road/M11 junction, thereby the M25, the A12 and A13
  • Multi-let industrial/warehouse estate of 34,065 sq ft (3066 sq m) in 15 units, ranging from 934sq ft - 4798 sq ft on a 2.9 acre site
  • Let on a lease with 53.75 years unexpired at a peppercorn Freehold and subtenancy (99 yrs less 3 days) interests for sale
  • Let to 13 tenants on 14 tenancies, producing a gross rent of £578,250pa ERV considered circa £785,000 pa
  • Net rental income currently £198,250 pa.
  • Offers are invited for the freehold and subtenant interests.
Thornham Grove Industrial Estate, Leyton London E16 4_Property for Sale
Thornham Grove Industrial Estate, Leyton London E16 4_Property for Sale

Contact brokers

Thornham Grove Industrial Estate, Leyton London E16 (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
8 Aug 2024