Industrial

Unit 1 School Lane, Chandler's Ford Industrial Estate, Chandler's Ford SO53 4DG

 

Price: £3,100,000 - Initial Yield:5.25%

Date: Q1 2019

Acting on behalf of CBRE Global Investors we advised on the sale of this well secured South East industrial investment to Marchmont Investment Management for £3.1m, relfecting a net initial yield of 5.25%.

The property is located on a well established industrial estate with outstanding transport links and is a prominent unit extending to 20,989 sq ft fronting School Lane. Let to CooperVision Manufacturing Limited (D&B 5A1) for a further 9.5 years, at a current passing rent of £173,160 p.a (£8.25 psf). The tenant has extensively fitted out the unit and it is their principal manufacturing R&D facility.

Contact

James Caddick

Tel: 020 7493 3330
Mob: 07771 882 860
jcaddick@lewisellis.co.uk

James Elkington

Tel: 020 7493 3330
Mob: 07810722459
jelkington@lewisellis.co.uk


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