Industrial

Unit 3 Hammond Road, Elms Farm Industrial Estate, Bedford 

 

Price: £4,860,000 - Initial Yield:6.20%

Date: Q4 2017

Acting on behalf of CBRE Global Investors we advised on the off market purchase of this single let industrial investment for £4.86m, reflecting a net initial yield of 6.20%.

The property comprises a cross-docked warehouse totalling 53,333 sq ft GIA with ancillary offices and large yard. Fully let to Home Hardware Distribution Limited for a term of 10 years expiring December 2027 (TBO at year 5) at a current rent passing of £321,360 p.a (£6.03 psf).

Contact

David Kos

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


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