Log In/Sign up
Your email has been sent.
Imagination Technologies, Maylands Boundary Way 28,256 sq ft Light Industrial Property Hemel Hempstead HP2 7YU £9,500,000 (£336.21/sq ft) 6.27% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Rare Sale-Leaseback Opportunity
- Prominent Business Location
- Solid Transport Links
EXECUTIVE SUMMARY
Rare opportunity to acquire a freehold data centre investment in Hemel Hempstead. Offered by way of a sale and leaseback to a strong covenant. Offers sought in excess of £9.5 million, reflecting a net initial yield of 6.27%, assuming standard purchaser’s costs. The facility is arranged over ground floor with The facility is arranged over ground floor. The proposal is based on a leaseback to Imagination Technologies for a 15 year term, at a rent of £22.50 per foot with a break at year 10. A set of heads of terms with full information on the proposed terms are contained within the data room – access is available upon request.
PROPERTY FACTS Sale Pending
| Price | £9,500,000 | Costar Property Class | B |
| Price per sq ft | £336.21 | Total Plot Size | 1.40 ac |
| Sale Type | Investment | Net Internal Area (NIA) | 28,256 sq ft |
| Yield | 6.27% | No. Floors | 1 |
| Sale Condition | Sale Leaseback | Year Built | 1980 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Light Industrial |
| Price | £9,500,000 |
| Price per sq ft | £336.21 |
| Sale Type | Investment |
| Yield | 6.27% |
| Sale Condition | Sale Leaseback |
| Tenure | Freehold |
| Property Type | Light Industrial |
| Costar Property Class | B |
| Total Plot Size | 1.40 ac |
| Net Internal Area (NIA) | 28,256 sq ft |
| No. Floors | 1 |
| Year Built | 1980 |
| Tenancy | Single |
AMENITIES
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
1 of 11
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Company Not Provided
Imagination Technologies, Maylands | Boundary Way
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.