414,876 sq.ft.38,543 m²
132 £/sq.ft.1,423 £/m²
Developed in 2007, the property comprises a high specification distribution warehouse totalling 414,876 sq. ft. (38,542.07 sq. m.) on a site extending to 20.5 acres, providing a site density of 45%. Currently in use as archiving and ancillary storage.Let on a new term of 15 years from completion of contracts. Passing rent will be £2,489,256 per annum, which equates to £6.00 per sq. ft. The rent is subject to 5 yearly reviews and shall be on the basis of either open market or CPI capped at 3% and collared at 1% compounded annually.