- 96,455 sq ft bonded warehouse investment opportunity for sale
- Large secure site extending 4.07 acres
- Let in its entirity by way of a single FRI lease to London City Bond Limited with a revisionary lease in place for 10 years from October 2026, therefore providing a lease expiary of 30th September 2036 and an unexpired term of 11.9 years.
- Headline rent of £445,611 per annum (which equates to a low rent per sq ft of £4.62)
- We are instructed to seek ffers in excess of six million pounds, which equates to a low capital value of £62 per sq ft and a net initial yield (based on a topped up rent of £445,611 per annum) of 6.97%, assuming standard purchaser's costs of 6.63%.
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