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Long Let New Freehold Industrial Investment

England, United KingdomUnlock address

87%

£5.200.000

Industrial

#35078

Core

27 Sep 2024

Property Details

Broker

For sale

42,407 sq.ft.

3,940 m²

Leasable area

122 £/sq.ft.

1,319 £/m²

6.50 %

1

Freehold

X

Fees

0.00 %

0.50 %

0.00 %

0.50 %

Investment Overview

New single let industrial investment extending 42,407 sq.ft with 78 car parking spaces. Freehold entirely let on a FR&I lease to Brookhouse Aerospace Limited. New HQ facility for Brookhouse Aerospace. The building completed in September 2024. Open market 5 yearly rent reviews. EPC A. Rent passing £360,459 per annum, reflecting a rent of £8.50 psf. The property is let on a new Full Repairing and Insuring 25 year lease with a break option in year 15. Double span steel portal frame construction with profiled insulated metal and composite flat panel system. Fenestration includes aluminium double-glazed windows and curtain walling Floor loading of 50kN/m2. Two storey integral office block inc reception, offices, meeting rooms, VRF heating/cooling and wc facilities.