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Greater London multi-let industrial estate

Rainham, United Kingdom

66%

Offers invited

Industrial

#34773

Value-Add

28 Oct 2024

Property Details

Broker

Deactivated

2.96 acres

Leasable area

Freehold

X

Fees

0.00 %

0.50 %

0.50 %

Investment Overview

A Greater London multi let investment opportunity with significant reversionary and redevelopment potential: - 2.96 acre site with an approximate site cover of 40%. - Very low average rent of £10.36 psf (prime local rents achieving £20+psf). - Opportunity to refurbish and re-let the units following the lease expiries in 2025/ 2026. - Vacant possession can be obtained by October 2026. - 51,317 sq ft total ground floor area