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Prime South East Multi-let Trade Park

Reading, United KingdomUnlock address

76%

£5.890.000

Industrial

#33887

Core+

4 Mar 2024

Property Details

Broker

For sale

27,959 sq.ft.

2,597 m²

Leasable area

210.67 £/sq.ft.

2,268 £/m²

6.25 %

6

Freehold

X

Fees

0.00 %

0.50 %

0.00 %

0.50 %

Investment Overview

A Prime South East Multi-let Trade Park rated BREEAM 'Very Good'. The property is fully-let to six tenants and has a WAULT of 3.8 years to lease breaks and 7.2 years to lease expiries. Total marketing rent of £392,288 per annum, reflecting an average rent of £14.03 per sq ft overall. 70% of income to be reviewed by July 2026.