Ripple Road, Barking
Two modern, high specification trade park/industrial units comprising 63,918 sq ft. The property is let in its entirety to Saint Gobain Building Distribution Ltd at a passing rent of £602,150 pa, equating to £9.42 per sq ft with an unexpired term of 12.7 years. The rent is subject 5 yearly rent reviews to the greater of passing rent or 115.429% of open market rental value.
The property was acquired as part of the Alpha Portfolio.
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