Property Information
Address:
Apex Park Leighton Road, Leighton Buzzard, Bedfordshire
, LU7 4RW
, Bedfordshire
, United Kingdom
Price: Property no longer available.
Size: 58551 sq ft5439 sqm
Primary Category: Industrial
All Categories:
Investment, Industrial,
Property Ref/Movehut: MH632797
Property Ref/Agent: 13209
*Please use the agent ref when calling the agent directly.
Property description
Prime South East new build multi-let industrial investment opportunity.
This is a newly constructed multi-let industrial/ trade counter estate totalling 58,551 sq ft.
The site provides excellent connectivity with the A5-M1 link road providing quick access to the M1 (Junction 11a) within approximately 10 minutes.
Let to 13 tenants generating a total headline rent of £563,336 per annum, reflecting a highly reversionary blended rent of £9.62 per sq ft
Scheme 100% let within 12 months of PC.
Proven reversion with the last letting agreed at c.£12.00 per sq ft evidencing compelling rental growth dynamics.
Newly constructed multi-let industrial estate
Scheme 100% let within 12 months of PC
Excellent connectivity via the A5-M1 roadlink to J11a
Price reflects a Net Initial Yield of 4.25%
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