Warehouses for sale in Quinton, UK

Commercial Property in Quinton available for sale

Warehouses for Sale Within 5 miles of the Quinton, UK

Sucham Park

Industrial for Sale
£7,000,000
42,200 sq ft
3 Industrial Properties

Southam Portfolio of properties for Sale

• 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