Industrial

Units 17-26 Ashford Industrial Estate, Shield Road, Ashford 

 

Price: £12,900,000 - Initial Yield:4.84%

Date: Q3 2017

Acting on behalf of Eskmuir Properties we advised on the sale of this prime industrial estate to Royal London for £12.9m, reflecting a net initial yield of 4.84%. 

The property comprises a industrial estate comprising 10 units totalling 62,010 sq ft GIA with unit sizes ranging from 4,089 sq ft to 7,838 sq ft. The estate is fully let to eight tenants providing an AWULT of 8.5 years (to expiries) and 6.4 years (to break) at a current passing rent of £666,259 p.a (including top ups), reflecting a low average passing rent of £10.74 psf. 

Contact

Simon Lewis

Tel: 020 7493 3330
Mob: 07831 527 960
slewis@lewisellis.co.uk

David Kos

Tel: 020 7493 3330
Mob: 07709 813267
dkos@lewisellis.co.uk


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