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24-50 Ossory Rd 24,088 SF Industrial Building London SE1 5AS For Sale
Investment Highlights
- Excellent last mile logistics location
- Other prominent industrial retailers in close proximity
- Situated adjacent to A2
Executive Summary
Freehold sale of 24-50 Ossory Road, Bermondsey, a single-let, last mile logistics investment in Zone 2 London.
Let to Rexel UK ltd, the 24,088 sq ft asset sits within the Old Kent Rd opportunity area offering secure income with strong reversion and asset management upside.
Rexel have a 5A2 Dun and Bradstreet credit rating.
Self contained last mile logistics asset with 53% site coverage.
Lease expiry May 2029 (c2.86 yrs WAULT).
Highly reversionary passing rent of £24.61 psf.
Let to Rexel UK ltd, the 24,088 sq ft asset sits within the Old Kent Rd opportunity area offering secure income with strong reversion and asset management upside.
Rexel have a 5A2 Dun and Bradstreet credit rating.
Self contained last mile logistics asset with 53% site coverage.
Lease expiry May 2029 (c2.86 yrs WAULT).
Highly reversionary passing rent of £24.61 psf.
Property Facts
| Sale Type | Investment | Rentable Building Area | 24,088 SF |
| Tenure | Freehold | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1990 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.5/1,000 SF |
| Lot Size | 0.88 AC | No. Dock-High Doors/Loading | 3 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.88 AC |
| Rentable Building Area | 24,088 SF |
| No. Stories | 2 |
| Year Built | 1990 |
| Tenancy | Single |
| Parking Ratio | 1.5/1,000 SF |
| No. Dock-High Doors/Loading | 3 |
Amenities
- Fenced Lot
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24-50 Ossory Rd
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