Industrial Estates for sale in Belvedere

View the "AMAZING AND RARE FREEHOLD INVESTMENT OPPORTUNITY ONLY 30 MINUTES FROM CENTRAL LONDON." below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Freehold Price: £11,000,000
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Business Description
Dear Sirs,

Excellent and well organised, extremely well established tenant.

***PRICE REDUCTION: OFFERS IN EXCESS OF: £10M - 6% YIELD***

AMAZING AND RARE FREEHOLD INVESTMENT OPPORTUNITY ONLY 30 MINUTES FROM CENTRAL LONDON:-
NEWLY CONSTRUCTED WAREHOUSE WITH GROSS INTERNAL AREA OF APPROX 78,551 SQ FT, SET IN 2.97 ACRES, OFFERING LONG TERM INCOME WITH INDEXED LINKED REVIEWS

The property is to be let to Allied Hygiene Systems an established manufacturing company for a term of 25 years with a 15 year break clause.
Rent passing: £600,000 pa, reflecting a low rent of 7.64 per sq ft overall. 5 Yearly RPI uplifts collared and capped at 2% and 4% respectively. Prime quoting rents in Belvedere are now £10.25 per sq ft demonstrating significant reversion in the unit.

A secure site extending to approximately 2.97 acres.

Please see Sales Particulars attached.

We are instructed to seek offers 'In Excess of' £10M whereby reflecting a Net Initial Yield of 6%.

Please contact either myself, Victoria on 07758265681 or Zak on 07771000906 to arrange a viewing.

Thanking you,

Kind regards

Victoria A Bennett CPEA
Commercial Property Agent
London Victoria Properties Limited
8a Lower Teddington Road
Kingston, KT1 4ER
07758265681/0330 133 0526
victoria@lvp.london
Tenure: Freehold

Location Details:
INVESTMENT OPPORTUNITY ONLY 30 MINUTES FROM CENTRAL LONDON:

Listed by: London Victoria Properties

Find out more about this business opportunity.

 
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