Highly sought-after location, reflected by the outstanding tenant line up. Comprising 124,487 sq ft across 13 well-specified units, built to a Grade A standard. Built to a high specification including 8-10m eaves, generous concrete yards and parking
areas, and electric roller shutter doors. Let to 7 tenants (83% occupancy) - 3 units currently vacant but with excellent interest. Passing rent of £1,016,673 per annum (£6.75 to £10.50 per sq ft) of which 23% is subject to uncapped RPI rent reviews. Conservative ERV of £1,129,741 per annum (£8.25 to £10.50 per sq ft). Weighted Average Unexpired Lease Term (WAULT) of 13.57 years to expiry and 9.74 years to break. Total site area of approximately 6.66 acres providing a low site density of 43%.. Freehold. Seeking offers in excess of £21,165,000 subject to contract and exclusive of VAT.
Interested? Here are the next steps to get more information and to proceed with our automated deal flow.
