industrial
Ref 16331

Al-Ko

South Warwickshire Business Park
CV47 0AL Southam

To buyPlease contact us
Size88,061 ft² / 8,181 m²
Initial yield7%

Description

Well Let Industrial Investment Opportunity

Investment Summary

  • Southam is strategically located in the heart of the UK between Birmingham and Milton Keynes
  • The property benefits from excellent motorway connectivity
  • South Warwickshire Business Park is situated within a well-established industrial area
  • Modern manufacturing facility extending to 88,061 sq ft.
  • Let in its entirety to AL-KO Kober Ltd on two coterminus leases expiring in September 2030, providing an unexpired term of 11.5 years
  • Current passing rent of £420,000 per annum (£4.77 per sq ft overall)
  • Tenant provides excellent covenant strength - reflecting minimum risk of business failure
  • Freehold

Proposal

The vendor is seeking offers in excess of £5,725,000 subject to contract and exclusive of VAT for their freehold interest in the building.

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Energy rating

Energy rating C

Location and Transport