SUMMARY
» 102 acres gross / 50.4 acres net.
» Capex invested improving the site but more asset management opportunities to reposition to alternative uses such as open storage.
» Short WAULT providing swift access to reversionary potential.
» Reversionary potential on headline rent.
» The site predominantly has short-term licenses, with potential value to be realized by converting them to FRI leases.
» The site benefits from a substantial catchment area, providing commercial accommodation ideally suited for local businesses.
» Serviced industrial land rents in the area are in excess of £50,000 per acre.