Single let industrial investment

Rare opportunity to acquire an imminently and highly reversionary index linked Golden Triangle single let investment. Core Midlands location, one mile from Junction 10 of the M42 Motorway. Recently refurbished warehouse and office building totalling 44,915 sq ft (4,173 sq m) GIA on a site area of 2.06 acres providing a low site cover of 40%. Let to Personnel Hygiene Services Ltd (Very Low Risk Experian rating) with a guarantee from PHS Group Ltd expiring on 11th June 2029 providing an unexpired lease term of 5.3 years. The lease is subject to an upward only rent review to the greater of Open Market Rent, a minimum 2% p.a. uplift or RPI. Current passing rent of £268,262 per annum reflecting a low £5.97 per sq ft