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Maidenhead

Central Estate, Maidenhead SL6 7BN

Status: Sold

Date: 01 March, 2017

Type: Industrial

Prime South East Multi-Let Industrial Estate

In March 2017, Joiner Cummings advised on the sale of this multi-let industrial estate for an institutional fund. 
  • Prime South East multi-let industrial estate in Maidenhead situated in an established commercial area 0.7 miles north of the town centre.
  • Central Estate comprises eight industrial units providing a total gross internal area of 22,582 sq ft.
  • Site area of 1.25 acres (0.508 hectares) providing a site cover of 42%.
  • Freehold.
  • Fully let to five tenants on six leases, providing an average weighted unexpired term of 6.8 years to lease expiries and 2.8 years to lease breaks.
  • Total rental income of £206,561 per annum, reflecting a low overall passing rent of £9.15 per sq ft and offering strong prospects for rental growth.