Sector
Initial Yield
Confidential
Price
Confidential
Sale/Purchase
Sale
Two industrial terraces providing 206,937 sq ft within the UK's busiest container port. Occupies a prominent position on the south side of Walton Avenue (A154).
Single let to Trans European Ports Services (GB) Ltd on three seperate leases at a passing rent of £847,800 per annum, equating to £4.10 per sq ft. Unexpired term of 3.7 years to break and 6.7 to expiry.
Long leasehold with a ground rent of £130,000 per annum.
Site of 9.24 acres equating to a site cover of 51%.