The Enterprise Centre, Dawsons Lane LE9

The Enterprise Centre, Dawsons Lane LE9

63,323 sq ft (5,882.9 sq m)

Hinckley 2.5 miles
The Square 0.3 miles
Church Lane 0.4 miles

High-yielding, multi-let secondary industrial estate.

35 units let to 17 tenants, income spread over a wide range of occupiers

Annual net rent of £187,644 increasing to £194,994 / Majority of tenants have been on the estate for 10 years plus

Opportunity to work up the ERV's and convert TAW's to leases

Anchor tenant (35% of the income) has just signed new 5 year lease

Excellent rent collection during Covid - as of 08/07/20, 90% + of tenants had paid their rent up to date.

Potential longer term residential play

Guide Price £1.95m which reflects 9.11% NIY

Key Property Details
Tenure
Freehold £1,950,000 Offers in excess of
Size
63,323 Sq Ft 5,882.9 Sq M
Type
B2 - B8 (General Industrial and Storage & Distribu B1a (Offices) Investments (Industrial and Warehousing)
Carter Jonas reference
20010939
Property agent
Samuel Turner
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