Hayes

Appin House & Stewart Quay, Hayes

In July 2015, Joiner Cummings acted on behalf of Aberdeen Asset Management on the sale of a long let industrial investment in Hayes, London. 

• West London freehold industrial investment.
• Exceptional location 3 miles from Heathrow Airport and Hayes is set to bene t from Crossrail services in 2019 and significant regeneration.
• Large well configured site totaling 3.75 acres providing excellent potential for future redevelopment at a higher density (current site cover of 16.00%) or alternative uses.
• Strategically important site for the tenant servicing London and the Home Counties.
• Let to Hendricks Lovell Ltd with a guarantee from Grafton Group Plc (D&B 5A 2) who have a turnover of £2.08bn, pre-tax pro ts of £101m and shareholders’ funds of £902m.
• Let off a low reversionary rental base..