BHT were recently instructed to market a prime trade warehouse investment in Hayes. The property was let to UK Plumbing Supplies Ltd on a 10 year lease from July 2021 at a passing rent of £90,000pax. The passing rent was highly reversionary, equating to only £9.34 psf.
Following a targeted marketing campaign we received several offers considerably ahead of the asking price. The successful party, Pembury Real Estate performed to agreed timescales.
We will be marketing further investment opportunities during the course of the year.
For further information please contact David Brackenridge or Jonathan Wade 0113 2449020