Portfolio

Network Portfolio 

 

Price: £10,050,000 - Initial Yield:5.62%

Date: Q4 2017

Acting on behalf of Brookshire Capital we advised on the sale of this single let south east industrial portfolio to Threadneedle for £10.05m, reflecting a net initial yield of 5.62%.

The Network Portfolio comprises three single let industrial assets located in Croydon, Rochester and Ashford with a total floor area of 89,699 sq ft (8,333.32 sq m). The portfolio has an attractive AWULT of 11.3 years (no breaks) and total current passing rent of £602,244 p.a. with strong reversionary potential. Tenants include Saint Gobain Building Distribution Ltd, Key Promotions (UK) Ltd and SIG Trading Ltd.

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

Fred Daeche-Marshall

Tel: 020 7493 3330
Mob: 07785741700
FDMarshall@lewisellis.co.uk


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