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Prime South East Industrial Estate Investment, Gatwick Gate Industrial Estate, Charlwood Road, Crawley, RH11 0TG
143,700 Sq Ft / Industrial
Withdrawn - Last updated: 19 April 2021
- Multi-let industrial Estate in Crawley; the leading commercial centre in West Sussex with excellent connections to the M23 and M25.
- 9 units totalling approximately 13,350 sq m (143,700 sq ft).
- Fully let to four tenants with a weighted average unexpired lease term of 3.0 years to expiry and 2.5 years to break options.
- Freehold.
- Current passing rent of £XXX pa (£XXX per sq ft).
- We are instructed to seek offers in excess of £XXX (Thirteen Million Five Hundred Thousand Pounds) for the freehold interest, subject to contract and exclusive of VAT.
- A purchase at this level reflects a net initial yield of 7.72% and a low capital value of £XXX per sq ft, after normal purchaser’s costs of 5.80%.
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