Multi-let Trade Park Investment Opportunity

A rare opportunity to acquire a highly reversionary South East multi-let trade estate. Aylesford is a thriving employment centre located just 35 miles south east of Central London. It benefits from excellent transport links, being adjacent to Junction 5 of the M20 Motorway, connecting to the M25 Motorway 16 miles to the west; The property is situated on Mills Road in the centre of the well-established Quarry Wood Industrial Estate; The property is currently configured as seven units. The total area extends to approximately 88,472 sq ft (GIA); Fully let to five tenants with a current rent of £767,080 per annum reflecting £8.67 per sq ft; There are six lease events within the next 18 months providing an opportunity to significantly increase rental income; The estate is highly reversionary with a headline ERV of £1,019,280 per annum, reflecting £11.52 per sq ft overall; Site area of approximately 4.46 acres providing a low site cover of 41%; The property has a WAULT of 2.5 years to lease expiries and 2.3 years to lease breaks; Occupiers in the vicinity include Tesco, Screwfix, Wolseley, DS Smith and Rexel;