David Klein Property Services - Commercial Property Investment & Design and Build

For Sale

	Industrial Investment for Sale Stafford Park 12, Telford, Shropshire
Investment Summary	Excellent Location within 200 yards of A464 close to M54 J4. Entire premises let to P & O Property Holdings Ltd on assignment from European Ferries Ltd, both substantial covenants, until 20 August 2011 (4 years unexpired). “Old” lease for privity of contract purposes (commenced 21st August 1985). Long leasehold tenure 999 years from 25th December 1992, at £5 pa till 2013 then at a peppercorn. Recently sublet. Double bay industrial/warehouse unit built 1985 with ground and 1st floor offices. 38,104 sq ft ground floor warehouse and 4,876 sq ft offices with substantial parking. Passing rent £183,000
Price	Guide Price £2.35 million STC – Net Initial Yield 7.36%. Potential retrospective reversion to 8.85%. Equates to £54.67 psf capital value.
For Further information, please contact the joint selling agents	David Klein - David Klein Property Services Tel 01452 770 900 Fax 01452 770 992 Email	Tony Bianchi - Bianchi Chartered Surveyors Tel 020 8408 3840 Fax 020 8408 3844 Email
IMPORTANT CONDITIONS OF USE - This is not a valuation, nor is any other communication from us unless it is a signed original document provided under the terms of a separate written contract for valuation between you and us to which it refers. Together with enclosures, attachments and anything we may say in person or by telephone, it contains only hypotheses, not statements of fact or opinions on which you may rely. Note also that it does not enumerate the matters about which you should enquire prior to purchase. Prices are usually quoted exclusive of VAT if levied and always Subject to Contract and availability. Our clients are not obliged to accept the highest offer or any offer received, and may withdraw this property at any time without notice. By transmitting any part of this document or enclosures to others without including these Conditions of Use, which also apply to third parties, you agree to indemnify us against any liability that might arise.

	Office Investment for Sale Apex House, London Road, Northfleet, Kent, DA11 9PD
Investment Summary	Multi-let to 4 good tenants including Wilmington Media Ltd and O2 (UK) Ltd. The opening of Ebbsfleet International Station as the new high speed gateway to Europe is scheduled for November and is bringing new homes and businesses to the area, including major developments such as Land Securities’ Ebbsfleet Valley and Countryside Properties’ The Embankment. 17,718 sq ft office building. Rack Rented. Total passing rent £117,173 VRV Air-Conditioning recently installed by freeholder Freehold
Price	Guide Price £1.5m STC (one million five hundred thousand pounds) 7.39% Net Initial Yield after purchasers’ costs of 5.76%
For Further information, please contact the joint selling agents	David Klein - David Klein Property Services Tel 01452 770 900 Fax 01452 770 992 Email	Tony Bianchi - Bianchi Chartered Surveyors Tel 020 8408 3840 Fax 020 8408 3844 Email
IMPORTANT CONDITIONS OF USE - This is not a valuation, nor is any other communication from us unless it is a signed original document provided under the terms of a separate written contract for valuation between you and us to which it refers. Together with enclosures, attachments and anything we may say in person or by telephone, it contains only hypotheses, not statements of fact or opinions on which you may rely. Note also that it does not enumerate the matters about which you should enquire prior to purchase. Prices are usually quoted exclusive of VAT if levied and always Subject to Contract and availability. Our clients are not obliged to accept the highest offer or any offer received, and may withdraw this property at any time without notice. By transmitting any part of this document or enclosures to others without including these Conditions of Use, which also apply to third parties, you agree to indemnify us against any liability that might arise.