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.