Harrison Court Hilton Business Park, Hilton, DE65 5UR

Multi-let Industrial Investment Opportunity

Richard Wright

Investment Summary

• Located within immediate proximity to the A50, the link road to both the M1 and M6
• Situated within Hilton Business Park in the heart of the Midlands
• The estate comprises three terraces separated into 8 units (4 sold off long-leasehold), providing a total gross internal area of 49,250 sq ft
• Let to 3 tenants on 4 separate leases with a total rent income of £134,065 per annum, reflecting a low rent per sq ft of £5.77
• An average weighted unexpired lease term of 3.89 years to expiries and 2.24 years to breaks
• Freehold
• Offers sought in excess of £1,800,000 (One Million, Eight Hundred Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial Yield of 7% and a low capital value of £77.55 per sq ft

For further information, please contact either myself, Sean Bremner (07541 505 980), Jonny Pickup (07791 032 707) or our joint agents Rushton Hickman.

« Back to Investment Sales