Investment details

Other Investments
Take a look at LSH's other investment property sales
Melville Unit
Silverstone Drive, Gallagher Business Park, Coventry
CV6 6PA
Industrial
Status - Sold
Tenure - Freehold
Total floor area - 134,860 sq ft
Price - £5.91m
Net initial yield - 8.00%
Reversionary yield - 8.45%
Capital value - £46.34 per sq ft
Well located distribution unit situated off Junction 3 of the M6 motorway in an established industrial area. Let until October 2017 at a passing rent of £500,000 pa (£3.71 psf) with a review in 2012 to the higher of £528,000 pa (£3.92 psf) or OMV.
Agent details
Lambert Smith Hampton
Hugh White
Telephone: 020 7198 2212
Mobile: 07775 708 668
Office: London
hwhite@lsh.co.uk
Download contact details (VCF)Contact Agent
Lambert Smith Hampton
Charlie Lake
Telephone: 020 7198 2227
Mobile: 07702 883495
Office: London
clake@lsh.co.uk
Download contact details (VCF)Contact Agent