Industrial

Ventura House, Dearne Valley, Rotherham 

 

Price: £23,165,000 - Initial Yield:6.00%

Date: Q4 2012

Acting on behalf of Legal & General we advised on the purchase of this industrial investment from Ventura House Limited Partnership for £23.165m, reflecting a net initial yield of 6.0%.

The property comprises a purpose built call centre facility providing a net internal area of 136,151 sq ft and car parking for 415 vehicles. The property has a total site area of approximately 8.05 acres. Let to a FTSE 100 covenant for 25 years term certain with fixed annual RPI rental increases at a current rent of £1,470,490 p.a (£10.80 psf).

Contact

John Ellison

Tel: 020 7493 3330
Mob: 07889 437 236
jellison@lewisellis.co.uk

James Caddick

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


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