Investment for sale

Key features

• Let to G.B.N. Services Limited and R.V.L. Properties Limited until 23 April 2029, and sublet to Pulse Environmental Limited
• Passing rent of ｣500,000 per annum
• Rent materially below prime quoting rents in the Canning Town vicinity of ｣35.00 psf+ for warehouse space and ｣7.50 psf+ for yards
• 3 level access loading doors, eaves heights of 7.4m to 11m, and a secure, fully surfaced yard
• Long Leasehold 162 years expiring 23 June 2189.
• We are instructed to seek offers in excess of ｣8,000,000 (Eight Million Pounds), subject to contract and exclusive of VAT
• A purchase at this level reflects a net initial yield of 5.86%, assuming purchaser's costs of 6.67%