£9.350.000
Confirmation
Purpose built food production distribution warehouse
England, United Kingdom
70%
Industrial
#34242
Core+
2 Nov 2024
Property Details
Broker
For sale
62,796 sq.ft.
5,834 m²GIA
148.89 £/sq.ft.
1,602 £/m²6.23 %
Freehold
X
Fees
Investment Overview
Mission critical airside food production distribution unit on behalf of an institutional client. Purpose built food production distribution warehouse totaling 62,796 sq ft GIA, which is fully let. The property serves as their main food preparation unit for their contracts at Gatwick and Heathrow Airport. Current passing rent of £620.129 per annum reflecting a low £9.88 per sq ft, providing an opportunity to caption significant reversion upon renewal.
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