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NEWCASTLE-UNDER-LYME - Propex

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25-28<br />

PARKHOUSE<br />

INDUSTRIAL<br />

ESTATE<br />

MULTI-LET INDUSTRIAL INVESTMENT<br />

TENANCY<br />

TENANCY<br />

The estate has been let on the following FRI terms:-<br />

SERVICE CHARGE<br />

The estate currently has a service charge of £0.21 psf for the current service charge year.<br />

UNIT TENANT SQ FT<br />

LEASE<br />

START<br />

LEASE<br />

BREAK<br />

LEASE<br />

END<br />

RENT<br />

RENT<br />

PSF<br />

TENURE<br />

Units<br />

25 &<br />

26<br />

Specialist Plastering<br />

Supplies Ltd<br />

15,879<br />

14 April<br />

2011<br />

14 April<br />

2014<br />

13 April<br />

2016<br />

£57,164 £3.60<br />

The property is held freehold.<br />

Unit<br />

27<br />

Unit<br />

28<br />

Roofing & Cladding<br />

Materials Ltd<br />

7,853<br />

Halcion Express Ltd 8,380<br />

14 April<br />

2011<br />

01 July<br />

2005<br />

14 April<br />

2014<br />

13 April<br />

2016<br />

30 June<br />

2015<br />

TOTAL 32,112 £117,675<br />

£28,270 £3.60<br />

£32,240 £3.85<br />

The property has a site area of approx 2.55 acres and provides a low site density of 28.9%.<br />

The AWULT to break is 3.13 years and 4.79 years to lease expiry.

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