Forward Way Rochester Airport Industrial Estate, Rochester, ME1 3QX, UK

Rochester Airport Industrial Estate

Surface de l'actif brut

3 613 m²

Occupation

100 %

Année de construction

1980

Taille du terrain Brut

0,81 hectare

Nombre d'unités

WALT

5.38 années

Hauteur sous plafond

6 m

Locataires

Nombre de quais de chargement

Stratégie d'investissement

Value Add

Revenu net

494 000 €

Loyer PSF

12,70 €

Taux de capitalisation

5,75 %

Prix attendu

8 033 000 €

The property comprises a multi let industrial estate located in the south east of england, benefitting from the following specification:

...

Rare opportunity to acquire a multi let industrial estate located in the South East of England.
Short distance to the M2 Motorway, providing access to the South East of London and the wider motorway network.
The estate, totalling 38,886 sq ft, produces a headline rent of £414,721 per annum, equating to a low average rent of £10.67 per sq ft across the estate.
Prime rents in Rochester currently stand at £14.00 per sq ft, demonstrating the asset’s strong reversionary potential.
Significant immediately deliverable asset management opportunities with over 20% of income subject to rent review within 12 months, allowing for an incoming purchaser to immediately drive performance on the asset.
Diverse strong occupier base, with over 75% of income rated as Very Strong or Strong CreditSafe rating. Core areas of business dominated by the Logistics, Automotive and Construction industries.
Freehold.