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St Margarets Business Centre, Moor Mead Road, Twickenham TW1 1JS

Prime London Multi-Let Industrial Investment

Sold

Type:

Floor Area (FT2): 33,479

Tenure: Freehold

Floor Area (M2):

Price: Offers in excess of £6m

Contact

Ken Morgan – agent
  • Ken Morgan
Phone Number:
020 7079 1953
email
Matt Hunter
  • Matt Hunter
Phone Number:
020 7079 1954
email

• Highly reversionary modern multi let industrial estate adjacent St Margarets train station, Twickenham.

• 7 units totalling 33,479 sq ft.

• Site area of 1.87 acres (0.76 hectares) giving a low site coverage of just 41%.

• Flexible leases giving opportunity for rental growth and alternative use strategies.

• Rental income of £230,261 pa reflecting a low average rent of £6.88 psf.

• Low capital value of £179 psf.

• Offers in excess of £6,000,000 (Six Million Pounds), subject to contract and exclusive of VAT, for our client’s freehold interest. A purchase at this level reflects a net initial yield of 3.6% (after purchaser’s costs of 6.63%) an estimated reversionary yield of 6.28% and reflecting a low capital value of £179 per sq ft.

Please download the PDF for further information.