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Two sites with industrial redevelopment potential

Hook, United KingdomUnlock address

72%

£20.000.000

Industrial

#14246

Value-Add

2 Feb 2024

Property Details

Broker

Deactivated

110,044 sq.ft.

10,223 m²

Leasable area

181 £/sq.ft.

1,956 £/m²

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.40 %

Investment Overview

Two strategic gateway sites, prominently positioned at the entrance of an industrial and office estate. Buildings A & B comprise two vacant office buildings extending to a combined 60,804 sq ft. The buildings sit on a 4.31 acres level site with excellent prominence. Building D extends to 49,240 sq ft and is let with 1.5 years unexpired. Building D sits on a 2.21 acre shaped site. Both sites offer a combined area of 6.52 acres. Opportunity for industrial redevelopment, with multiple sites on Business Park being sold for industrial change of use.