Arrowhead Park, Arrowhead Road, Theale , RG7 4AH

Opportunity to acquire a prime modern South East multi unit industrial estate located close to Junction 12, M4.Built in 2000 comprising 5 industrial units extending to 119,371 ft² on a GIA basis with a flexible range of unit sizes from 11,522 ft² to 35,655 ft².Fully let to Westcoast Limited (5A1 – D&B) on 5 leases, producing a passing rent of £1,036,000 per annum, reflecting an average rent of £8.68 per ft².The property is their principle UK facilityAttractive AWULT of 8.3 years to expiryThe site area extends to approximately 5.04 acres (2.04 hectares)We are instructed to seek offers in excess of £15,667,000 (Fifteen Million Six Hundred and Sixty Seven Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this price reflects an attractive Net Initial Yield of 6.25% after deducting purchasers’ costs of 5.80% and equates to £131 per sq ft overall.

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