Multi-Let Industrial Investment Opportunity

A highly reversionary two-unit asset located in the heart of Aylesbury, a satellite town within close proximity to both the M40 and M25 motorways. The units are situated within Aylesbury’s principle Industrial location, which adjoins the A41 Road providing access into Aylesbury Town Centre. The property benefits from excellent road communications with uninterrupted dual carriageway access along the A41 to J20 of the M25, 20 miles to the south east. The property comprises 38,736 sq ft across the two combined units. The estate is fully let to two tenants with an AWULTC of 6.03 years. The total passing rent of  236,000 p.a. reflects a low average of  6.09 psf, offering excellent prospects for immediate rental growth at the upcoming rent review. The site area is approximately 1.73 acres with a site coverage of 48%. 100% of the income is secured against covenants rated by Dun & Bradstreet as ‘Low-Moderate’ risk of business failure. The property comprises a modern steel-portal framed industrial warehouse divided into two units on a prominent self-contained site.