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Viking House Gatwick Airport

62,796 SF Industrial Building Gatwick RH6 0PE £9,350,000 (£148.89/SF) 6.23% Net Initial Yield

Gatwick Airport, Gatwick, RH6 0PE

EXECUTIVE SUMMARY

Purpose built food production distribution warehouse totalling 62,796 sq ft GIA, which is let to Gate Gourmet London Ltd expiring 23rd June 2026. The property serves as their main food preparation unit for their contracts at Gatwick and Heathrow Airport. Current passing rent of £620,129 per annum reflecting a low £9.88 per sq ft, providing an opportunity to capture significant reversion upon renewal.

PROPERTY FACTS

Price £9,350,000 Rentable Building Area 62,796 SF
Price Per SF £148.89 Number of Floors 1
Sale Type Investment Year Built 1991
Net Initial Yield 6.23% Tenancy Single
Tenure Freehold Parking Ratio 0.32/1,000 SF
Property Type Industrial Clear Ceiling Height 32 ft
Property Subtype Warehouse No. Dock-High Doors/Loading 13
Building Class C Level Access Doors 4
Lot Size 4.82 AC
Price £9,350,000
Price Per SF £148.89
Sale Type Investment
Net Initial Yield 6.23%
Tenure Freehold
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 4.82 AC
Rentable Building Area 62,796 SF
Number of Floors 1
Year Built 1991
Tenancy Single
Parking Ratio 0.32/1,000 SF
Clear Ceiling Height 32 ft
No. Dock-High Doors/Loading 13
Level Access Doors 4

AMENITIES

  • Fenced Lot
  • Security System
  • Roller Shutters
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+44 20 7952 6100

CONTACT

  • Listing ID: 31532074

  • Date on Market: 17/04/2024

  • Last Updated:

  • Address: Gatwick Airport, Gatwick RH6 0PE

The Industrial Property at Gatwick Airport, Gatwick, RH6 0PE is currently available for sale. Contact Kimmre for more information.

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Viking House | Gatwick Airport
+44 20 7952 6100 x

Viking House | Gatwick Airport

Josh Hammett

+44 20 7952 6100

+44 20 7952 6100

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