UNITS 1 & 2 ACTION COURT ASHFORD
In December 2017 Joiner Cummings acted for Aviva on the sale of two Prime West London Industrial Investments located 3 miles(5km) south of Heathrow Airport.
Ashford has excellent connectivity to the M25, M3 and M4 MotorwaysTwo well specified detached warehouse units extending to 51,192sq ft (4,756sq m)Total site area of 1.07 hectares (2.65 acres) offering a low site density of 44%The units are let to Geodis Wilson UK Limited by way of two FRI leases expiring on 6 January 2020Current passing rent of £550,000 pax reflecting a low average passing rent of £10.74psf offering excellent rental growth prospectsERV of £588,708 pax (£11.50psf)FreeholdShort term asset management opportunities to capture imminent reversion
