Millennium 'Small Box' Portfolio, Team Valley Washington New York Boldon Backworth
- Land size
- 1.4 acres
Key Features
- A unique opportunity to acquire a portfolio of five, prime industrial units across the North East of England
- Over 80% of the portfolio income to 'Creditsafe 100 / A' or NHS entities
- Low passing rent across the portfolio
- At the time of marketing the reversionary yield sits at c. 7.79%
- The reversionary income can be realised across c. 55% of the portfolio in under a 3 year period,
- £6,419,500 reflects a reversionary yield of 7.79% and a low overall capital value of c. £105.28 /ft.
Description
Five modern, high specification units reflecting current occupier and investor demands
Excellent access to the transport infrastructure both by road and sea nationally and internationally
Good range of unit sizes offered suit a large number of storage, distribution, manufacturing and logistics occupiers
Liquid assets with opportunity for future individual disposals or sales to owner occupiers at a premium
Immediate access to a rostrum of extremely strong tenant income
Attractive WAULT of 9.06 years to expiry and 7.23 years to break
Low passing rent across the portfolio
Tier of the market which is experiencing significant upward pressure on rents - at the time of marketing the reversionary yield sits at c. 7.79%
Over 80% of the portfolio income to 'Creditsafe 100 / A' or NHS entities
Property details
- Tenure
- Ask Agent
- Council Tax Band
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- Date Posted
- 2026-01-29
Utilities & Restrictions
Utilities
- Electricity
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- Water
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- Heating
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- Broadband
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- Sewerage
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Rights & Restrictions
- Public Rights of Way
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- Private Rights of Way
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- Listed Property
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- Restrictions
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Property Features
- Accessibility
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- Parking
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- Garden
- Ask Agent
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Listing agent
HTA REAL ESTATE LIMITED, Newcastle
Suite A11 Dean Street Newcastle Upon Tyne NE1 1LE
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Contact HTA REAL ESTATE LIMITED, Newcastle
Suite A11 Dean Street Newcastle Upon Tyne NE1 1LE
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