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Sucham Park 3 Industrial Properties Offered at £7,000,000 in Southam
Executive Summary
• The investment benefits from five upwards only rent reviews with a mixture of OMV and RPI increases.
• Assuming the reviews are implemented in line with mostly RPI increases, the investment benefits from an estimated reversionary yield of 6.83% by November 2029 and an equivalent yield of 6.26%.
• Assuming the reviews are implemented in line with current ERV’s and OMV annual UK MSCI industrial forecasts where possible, the investment benefits from an estimated reversionary yield of 8.26% and an equivalent yield of 7.90%.
• The modern estate comprises nine units, fully let to six tenants. Rental deposits are held throughout the term, and four of the six leases are excluded from the Landlord & Tenant Act 1954.
• Total rental income of £437,650 per annum (£10.00 per sq ft) with reversionary potential.
• Total floor area of 4,050 sq m (43,589 sq ft) on a site of approximately 1.197 hectares (2.958 acres), including yard areas and 83 designated car parking spaces.
• All units benefit from an EPC rating of A and strong ESG credentials.
• An attractive weighted average unexpired lease term of 7.70 years to expiry and 4.62 years to break (April 2026).
• Freehold
• Assuming the reviews are implemented in line with mostly RPI increases, the investment benefits from an estimated reversionary yield of 6.83% by November 2029 and an equivalent yield of 6.26%.
• Assuming the reviews are implemented in line with current ERV’s and OMV annual UK MSCI industrial forecasts where possible, the investment benefits from an estimated reversionary yield of 8.26% and an equivalent yield of 7.90%.
• The modern estate comprises nine units, fully let to six tenants. Rental deposits are held throughout the term, and four of the six leases are excluded from the Landlord & Tenant Act 1954.
• Total rental income of £437,650 per annum (£10.00 per sq ft) with reversionary potential.
• Total floor area of 4,050 sq m (43,589 sq ft) on a site of approximately 1.197 hectares (2.958 acres), including yard areas and 83 designated car parking spaces.
• All units benefit from an EPC rating of A and strong ESG credentials.
• An attractive weighted average unexpired lease term of 7.70 years to expiry and 4.62 years to break (April 2026).
• Freehold
Property Facts
| Price | £7,000,000 | Status | Active |
| Price psf | £165.88 / sq ft | Number of Properties | 3 |
| Yield | 5.86% | Individually For Sale | 0 |
| Sale Type | Investment | Total Property Size | 42,200 sq ft |
| Price | £7,000,000 |
| Price psf | £165.88 / sq ft |
| Yield | 5.86% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Property Size | 42,200 sq ft |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Sucham Park
Northfield Rd, Southam CV47 0FS |
Industrial | 15,000 sq ft | 2023 | - |
|
Sucham Park, Units 4-8
Northfield Rd, Southam CV47 0FS |
Industrial | 14,300 sq ft | 2023 | - |
|
Sucham Park, Units 1-3
Northfield Rd, Southam CV47 0FS |
Industrial | 12,900 sq ft | 2023 | - |
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Sucham Park
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