Exciting Investment Opportunity for Large Business Centre in the Thames Valley
- Land Area: 68746 sq.ft
- Type: Industrial
Contact Simon Taylor
An opportunity to buy a high yielding mixed industrial and office investment on a re-geared lease 1 mile from Basingstoke town centre.
The property is almost adjacent to the ring road only 2 minutes drive from junction 6 of the M3.
Prominent location next to the North Hampshire Hospital.
The property comprises 68,746 sq.ft. mixed office and industrial accommodation on a 4-acre site.
Let to approximately 40 tenants.
Gross income circa £788,000. 2017/18 net income £233,000.
Estimated Gross Income when fully let £906,750.
Opportunities to asset manage and improve net income.
Average office tenant has been in occupation for 5.5 years.
Tenants include Hampshire Hospital NHS Trust, Sherringtons LLP Accountants, St Michaels Hospice, Kingcraig Construction, Trucktyre and Lada Engineering.
Brochure available here (PDF).
Please contact Simon Taylor for more information and access to the Data Room for this opportunity.
- Land is 68746 sqft