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Equity Trade Centre and IO Centre
TENURE
For Sale
SIZE
123,753 sq ft
GUIDE £
Offers in excess of £16,000,000
- Prime industrial/trade counter scheme in Swindon, located in a prominent position fronting Hobley Drive.
- Comprises 123,753 sq ft, arranged as 51,703 sq ft of trade counter accommodation and 72,050 sq ft of industrial uses.
- Freehold.
- Fully let to 22 tenants on 25 separate leases, providing an attractive WAULT of 4.2 years to expiry and 2.1 years to break.
- Diverse range of occupiers.
- Over 75% of passing rent is secured against ‘Very Low Risk’ rated covenants.
- Produces a total passing rent of £1,094,686 per annum, equating to a low average passing rent of £11.60 per sq ft and £6.86 per sq ft respectively, for the trade counter and industrial uses.
- Strong tenant retention, illustrated by the fact that 12 break options have not been activated by tenants on the estate over the last 5 years.
Equity Trade Centre and IO Centre, Hobley Drive, Swindon, SN3 4NS
Contact
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