Sold

Industrial estate investment in East London

Argall Avenue, Leyton, London, E10 7qp, United Kingdom

Sold for £23,000,000

Property Type:
Commercial
Sub Type:
Industrial

Description

 

Well located industrial estate in an East London suburb

Excellent road and rail communications

  • Established industrial location
  • Well configured estate with a large phase of well specified units having been completed in 2014 Let to 80 tenants with a low vacancy rate of 7.9% Situated in an area benefitting from significant
    regeneration
  • Freehold
  • Large site area of 6.32 acres
  • Opportunity to redevelop the older accommodation to create an entirely modern estate and increase the income
  • Current income of £1,171,118 per annum, with an average of £6.77 psf based on the let areas for the original units and £13.57 psf for the new units