Instructions

COMMERCIAL ROAD – READING

SOLD

Details:

Sale of a prime South East single-let industrial investment

  • Prime South East single-let industrial investment.
  • GIA of 22,410 sq ft (2,081.95 sq m).
  • Let to ISS Facility Services Ltd with a D&B rating of 5A 1.
  • Passing rent of £206,090 pa (£9.20 psf).
  • New 8 year lease with a 3 year tenant only break option (Subject to a 3 month penalty).
  • Asset management opportunities.
  • Offers in excess of £2,870,000, reflecting a NIY of 6.75% (Costs 6.434%).

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