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%).