1-8 Abbeywood Park, Filton, BristolPosted on February 6, 2014
- Well located multi let industrial estate fronting the A4174 Bristol Ring Road, with easy access to the M4 and M5 motorways.
- Eight modern industrial units built in late 1990’s totalling 42,803 sq ft GIA, with 6m eaves and a high overall specification.
- Fully let to seven tenants, producing a rental income of £309,287 per annum (£7.23 per sq ft overall).
- AWULT to expiry of 5.1 years and 3.6 years to break.
- 70% of income secured against 4A1/5A1 D&B covenants.
- Acquired on behalf of DTZIM for £4,050,000, reflecting a NIY of 7.22%.