Marketed by
Bidwells
London
25 Old Burlington St, London W1S 3AN
Available
1 of 1
£6,600,000
Longfield Road, Tunbridge Wells, TN2 3EY
32051 sq. ft (2977.64 m²)
Key features
- Two well specified warehouse/industrial units providing a total of 32,051 sq ft (2,977.70 sq m).
- Self-contained site of 1.49 acres (0.603 hectares) / site cover 37%.
- Let to Sensia UK Ltd with a guarantee from Rockwell Automation Ltd (D&B rating 5A1) and Adler & Allan Ltd (D&B rating 5A2) providing a total income of £431,420 per annum / £14.68 psf overall (topped up).
- An attractive WAULT of 5.3 years to breaks and 9.3 years to lease expiries.
- The site may have potential for alternative uses such as retail, trade, car dealership subject to planning.
- 78% of the income linked to RPI.
- We are instructed to seek offers in excess of £6,600,000 subject to contract and exclusive of VAT for our client’s freehold interest, reflecting a capital value of £206 psf. A purchase at this level reflects a net initial yield of 6.13% on the topp...
- New key point...
Description
Opportunity to acquire a multi-let South East industrial investment Opportunity to acquire a prime freehold South East warehouse/industrial investment in Tunbridge Wells
Reference: 340180_sales
Marketed by
Bidwells
London
25 Old Burlington St, London W1S 3AN
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