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Income Producing Industrial/Warehouse Investment In Uxbridge Tenancy Available

Uxbridge, London, UK
Asking Price:
£1,395,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

Rare opportunity to acquire a modern freehold industrial and warehouse investment in the established Trade City Business Park, Uxbridge. The property is fully income producing with a passing rent of £74,867 per annum, providing an attractive gross yield of 5.3%, making it an ideal investment for commercial property investors.

The property comprises 5,759 sq ft of accommodation, including 3,456 sq ft of ground floor warehouse space and 2,303 sq ft of high specification first-floor offices. Constructed with a steel portal frame, block elevations and profile metal cladding beneath a mono-pitched roof, the unit benefits from a maximum eaves height of 7.85 metres, an electric loading door, dedicated loading bay, 3-phase power, male and female WC facilities, allocated parking and a combination of open plan and cellular office accommodation.

Trade City Business Park occupies a well-established commercial location between Cowley Road and Uxbridge Trading Estate, less than one mile from Uxbridge town centre. The property benefits from excellent road connections via the A40, M40 and M25, while Uxbridge Underground Station provides Metropolitan and Piccadilly Line services. Heathrow Airport is also within easy reach, enhancing the location for occupiers and investors alike.

The property is sold freehold, subject to an existing full repairing and insuring lease to M Trim Ltd. The lease commenced on 25 March 2024 for a term of 10 years at a passing rent of £74,867 per annum (£13 per sq ft), with an upwards-only rent review and tenant-only break option at the fifth anniversary, subject to six months' prior notice. Enquire today for further investment information.

Property Information

Property:

Tenancy

Tenancy Terms:

10-year full repairing and insuring lease from 25 March 2024
Rent Review: Upwards-only at the fifth anniversary
Break Clause: Tenant-only break option at year five, subject to six months' prior notice.

Tenancy Rent:

£74,867 per annum

Premises Details:

Modern steel portal frame industrial/warehouse unit with ground floor warehouse, first-floor office accommodation, electric loading door, dedicated loading bay, allocated parking, 3-phase power and male and female WC facilities.

Size in square feet:
5,759 sq ft
Planning Consent:

Use Class B8 (Storage or Distribution).

Business Operation

Reasons for selling:

Sold by instruction of the Joint Administrators of GVE London Limited.