St Margarets Business Centre, Moor Mead Road, Twickenham TW1 1JS
Prime London Multi-Let Industrial Investment
• 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.