Overview
Description
Location
Location
The subject property is situated approximately 1.2 miles (1.9km) north of Potters Bar town centre, along Cranborne Road. The surrounding area is made up of light industrial units of varying sizes with limited space for expansion.
Description
Reversionary South East Multi Let Industrial and Storage Investment.
Very well located in a highly affluent London satellite town.
Strong strategic location close to J23 M25 and A1(M) and good access into central London.
Two complementary buildings covering 202,743 sq ft over 2.6 acres.
Total passing rent of £1,101,952 per annum with an average rent of £5.53psf.
ERVs in excess of £7.00psf.
New build units commanding rents in excess of £15.00psf.
Shorter lease terms allowing the opportunity to drive returns through active management from day 1.
Rare ability to access most floors by truck and strong floor loadings.
Summary
Key points
- Total passing rent of £1,101,952 per annum with an average rent of £5.53psf
- ERVs in excess of £7.00psf. New build units commanding rents in excess of £15.00psf
- Shorter lease terms allowing the opportunity to drive returns through active management from day 1
- Rare ability to access most floors by truck and strong floor loadings
- Seamlessly connected to London and M25
Contact
Kirkby Diamond
Tel: 07917 268653
Paul Quy
paul.quy@kirkbydiamond.co.uk
Kirkby Diamond
Tel: 07887 835 815
Eamon Kennedy
eamon.kennedy@kirkbydiamond.co.uk
EPC
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