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Jewson Monument Rd 14,101 sq ft Industrial Property Woking GU21 5FS £4,300,000 (£304.94/sq ft) 5% Net Initial Yield
Investment Highlights
- Affluent town in the South East
- Prominently positioned in the Sheerwater Industrial Area
- Excellent connectivity to Central London and the south east
Executive Summary
The tenant undertook a comprehensive refurbishment of the property in 2025,investing close to £1 million in capital expenditure.
Let to Jewson Limited, a leading UK builders’ merchant expiring on the 15th June 2030 providing 4.1 years unexpired.
Passing rent of £228,836 per annum reflecting a low rent of £16.23 per sq ft.
Highly reversionary, with prime rents in Woking exceeding £20 per sq ft, and additional potential to generate income through renting the surplus yard.
Large site of 1.7 acres, reflecting a low site coverage of 19%.
Let to Jewson Limited, a leading UK builders’ merchant expiring on the 15th June 2030 providing 4.1 years unexpired.
Passing rent of £228,836 per annum reflecting a low rent of £16.23 per sq ft.
Highly reversionary, with prime rents in Woking exceeding £20 per sq ft, and additional potential to generate income through renting the surplus yard.
Large site of 1.7 acres, reflecting a low site coverage of 19%.
Property Facts
| Price | £4,300,000 | Total Plot Size | 1.65 ac |
| Price per sq ft | £304.94 | Net Internal Area (NIA) | 14,101 sq ft |
| Sale Type | Investment | No. Floors | 1 |
| Yield | 5% | Year Built | 2000 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | Parking Allocation | 1.28/1,000 sq ft |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Costar Property Class | B | No. Drive In / Grade-Level Doors | 1 |
| Price | £4,300,000 |
| Price per sq ft | £304.94 |
| Sale Type | Investment |
| Yield | 5% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Total Plot Size | 1.65 ac |
| Net Internal Area (NIA) | 14,101 sq ft |
| No. Floors | 1 |
| Year Built | 2000 |
| Tenancy | Single |
| Parking Allocation | 1.28/1,000 sq ft |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
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Jewson | Monument Rd
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