Dodwells Bridge Industrial Estate, Hinkley, Leicester

  • Price £5,090,000
  • Yield 6%
  • Income £325,500
  • Sector Industrial
  • The Property comprises two industrial warehouses, both with separate, self-contained, gated yards.

  • The property is let to two tenants at a total passing rent of £325,500 per annum, reflecting a low average rent of £6.45 psf.

  • Opportunity to capture significant reversion, with an ERV of £10.25 psf.

  • Excellent WAULT of 7.80 to expiry, and 4.97 to the next break.

  • A total of 50,477 sq ft (GIA) on a 3.18 acre site with a very low site cover of 36% of industrial accommodation.

  • Freehold.

Contact
Stephen Raingold
Email: stephenraingold@lewisandpartners.com
Mobile: 07775 647 499