Sandown Industrial Park, Esher. Tom Paton-Smith AND Matt Moran.

Industrial & logistics, Investment, Planning, Residential

The Milton Group

This project was worked on by the following people, working in partnership from across our business…

Key information

Montagu Evans advised The Milton Group on the disposal of the freehold interest in the estate to Elmbridge Borough Council £14,075,000 in January 2018, reflecting a capital value of £242 psf and Net Initial Yield of 3.67%.

Montagu Evans’ planning team provided advice to The Milton Group prior to the sale whilst the residential team assisted with viability advice in relation to residential redevelopment.

• The industrial estate comprises 3.82 acres positioned just 2.5 miles from the A3, providing direct access to Central London in just 25 minutes.
• The estate comprises 58,083 sq ft of industrial accommodation across 12 units.
• At the time of sale, the property was fully let to 9 tenants with a WAULT of 6.1 years to expiry and 2.2 years to break.
• The total annual rent is £551,932 per annum which equates to a low average rent of £9.50 per sq ft.
• Freehold.

600 & 650 Aztec West, Bristol. Kevin White AND Matt Moran.

Offices, Development & Valuation Consultancy, Investment

Sedgemoor District Council

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