The subject property comprises an industrial unit measuring c. 20,000 sq ft.
Held leasehold for a term of 999 years from Mar 2003, subject to a head rent payable of £5,000 pa.
Single let to EE Limited for a term of 25 years from Sept 2001 at a net of £151,252 per annum, subject to 5 yearly RPI linked rent reviews.
Acquired on behalf of a private UK investor for £1.85m / 7.65% NIY.