Fully let prime industrial estate with excellent reversionary potential
The asset comprises 12 industrial units, ranging from 7,650 to 25,868 sq ft and totalling 164,324 sq ft GIA.
The total site area of 8.02 acres provides a low site coverage of 47%.
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Caractéristiques de l'actif
Surface de l'actif brut
15 236 m²
Occupation
100,00 %
Année de construction
2000
Numéro de référence de l'actif
200004641823
Média
Points clés d'investissement
Total Headline Rent of £1,411,209, which equates to a low rent of £8.59 per sq ft.
The estate is fully let to 12 tenants for a WAULT to expiry of 10.1 years and a WAULT to break of 9.2 years.
There is the opportunity to increase the income of the estate by over 28% within a short time frame, with c.50% of the income being subject to a lease event in the next 2 years.