The Property comprises two modern detached warehouses with ancillary office facilities, located within the established Houndmills industrial area of Basingstoke. The property is within two miles of Junction 6 of the M3. Nearby occupiers include Sainsbury’s, Keuhne & Nagel, Bidfood, Martin Brower as well as trade counters and car dealerships including Mercedes, Volvo and Toyota. The units are also approximately 400 metres from the Fund’s other industrial unit at Knights Park, Basingstoke.
Date Purchased: |
August 2018 |
Tenure: |
Long Leasehold |
Tenants: |
Vodafone BB&R
|
Total Current Rent: |
£657,654 per annum |
Lease Expiries: |
2025-2042 |