Multi-let industrial investment

A rare opportunity to acquire a reversionary Greater London multi-let industrial estate located adjacent to the M25 Motorway. Dartford is an established industrial location located just 21.3 miles south east of Central London. Situated just off the A225 providing quick and easy access to Junction 2 of the M25 Motorway. Occupiers in the vicinity include Amazon, FedEx and Ceva Logistics; The property comprises a multi-let industrial estate of 11 units let to 7 tenants, totalling approximately 66,862 sq ft (GIA). Two units (Jupiter House and Apollo House) have been sold off Long Leasehold. Situated on a c.3.76 acre site, providing a site cover of 36% (excluding the sold off units). The property benefits from a strong and diverse tenant mix of national and local occupiers including Abacus Playgrounds, The BSS Group and the South East Coast NHS Ambulance Service. The property has a WAULT of 6.0 years to lease expiries and 3.2 years to lease breaks. The marketing rent is £899,962 per annum, reflecting a low average rent of £13.46 per sq ft overall. The estate is highly reversionary with strong rental growth forecast in the short and medium term. Opportunity to add value through deliverable asset management with the potential to drive the passing rent in the short term.