HELLESDON PARK                        

INDUSTRIAL ESTATE

Norwich                      

Acquisition of a substantial freehold multi let industrial estate

Multi let industrial estate comprising 29 units in three terraces totalling 126,500 sq ft let to 23 tenants with a total rent of £642,812 pa. The WAULT is around 4.19 years to breaks and 4.91 years to lease expiry. The scheme has 3 vacant units to be let and many asset management angles

 

Price

£9,340,000 reflecting a net initial yield of 6.4%

Client

Dacre Property Holdings

 

Images

 hellesdon park industrial estate bidwells

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