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Ashway Centre Elm Crescent 3,730 sq ft Industrial Property Kingston Upon Thames KT2 6HH £1,405,000 (£376.68/sq ft) 6% Net Initial Yield
Executive Summary
£ 1,405,000 subject to contract and exclusive of VAT. This reflects a NIY of 6.00%.
The property is currently let to I.D.S.L Supplies Ltd at a passing rent of £90,000 per annum. The property was let with a start date of 18/10/2023, and expiry of 17/10/2029. There is a rent deposit of £45,000.
The property is currently let to I.D.S.L Supplies Ltd at a passing rent of £90,000 per annum. The property was let with a start date of 18/10/2023, and expiry of 17/10/2029. There is a rent deposit of £45,000.
Property Facts
| Price | £1,405,000 | Total Plot Size | 0.09 ac |
| Price per sq ft | £376.68 | Net Internal Area (NIA) | 3,730 sq ft |
| Sale Type | Investment | No. Floors | 2 |
| Yield | 6% | Year Built | 1980 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | No. Dock-High Doors/Loading | 4 |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 1 |
| Costar Property Class | B |
| Price | £1,405,000 |
| Price per sq ft | £376.68 |
| Sale Type | Investment |
| Yield | 6% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Total Plot Size | 0.09 ac |
| Net Internal Area (NIA) | 3,730 sq ft |
| No. Floors | 2 |
| Year Built | 1980 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 1 |
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Ashway Centre | Elm Crescent
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