Reversionary industrial investment opportunity in East Hampshire

Curchod & Co has been instructed to sell a reversionary industrial property investment opportunity in Blacknest in Hampshire, between Alton and Farnham in Surrey. The investment comprises four units totalling 25,619 square feet and is situated on a site area of 1.52 acres, notable for its low site coverage of 39%.

Of the total square footage, 20,274 square feet is already let, with an additional 4,058 square feet under offer on a new five-year lease. When the letting is completed, the property is anticipated to generate a total income of £242,563 annually, showcasing the investment’s substantial reversionary potential.

Offers for the investment are being sought in the region of £3,100,000, or £121 per square foot, reflecting the quality and potential of the asset.

Nick Reeve from Curchod & Co LLP commented, “This industrial investment presents a remarkable opportunity for investors looking to capitalise on the current market dynamics. With its strategic location close to the Surrey/Hampshire border and a significant income potential, we anticipate strong interest in this property.”

The property’s strategic location, close to the A31 has easy access to the A3 and other major transport links, making it an excellent base for industrial operations. The low site coverage and the potential for income growth make it an attractive investment proposition in the current commercial property market.

Investors who are interested this rare opportunity should contact Curchod & Co LLP for further information.

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