QUAD, Road Five

Overview

Revisionary multi-let industrial investment opportunity.

Comprising 239,568 sq ft across 4 mid-box industrial units, on a site of 13.29 acres.

Fully let to 4 tenants all rated 'Low' or 'Very Low Risk' by CreditSafe, with c.70% of the income secured against covenants considered 'Very Low Risk'.

Low passing rent of £1,265,856 per annum reflecting an average of £5.28 psf, against a reversionary rent of £1,506,851 per annum / £6.29 psf.

Freehold - Offers in excess of £17,000,000, which reflects a Net Initial Yield of 7.00% and a Reversionary Yield of 8.30%, after deducting purchasers costs of 6.74%.

Features

• Comprising 239,568 sq ft across 4 mid-box industrial units
• On a site of 13.29 acres
• Fully let to 4 tenants all rated 'Low' or 'Very Low Risk' by CreditSafe
• Low passing rent of £1,265,856 per annum
• Units ranging from 43,184 sq ft - 71,226 sq ft