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250 Milkwood Rd 74,711 SF Flex Building London SE24 0HG $1,417,860 ($18.98/SF) 5% Cap Rate
Investment Highlights
- Zone 2 light industrial unit
- 3,183 sq ft with parking
Executive Summary
Unit 15 comprises a well-configured, two-storey light industrial unit extending to approximately 3,183 sq ft, located within the popular Bessemer Park estate in Herne Hill (Zone 2). The property benefits from a virtual freehold (999-year lease from 1990), four dedicated parking spaces, and strong connectivity to Central London via nearby Herne Hill and Loughborough Junction stations.
The unit is let to Wine Box Company Ltd on an ‘outside the Act’ lease expiring 22 October 2026, producing £55,000 per annum against an ERV exceeding £62,500. Offers are sought in excess of £1,040,000, reflecting a 5.0% NIY after standard purchaser costs.
The unit is let to Wine Box Company Ltd on an ‘outside the Act’ lease expiring 22 October 2026, producing £55,000 per annum against an ERV exceeding £62,500. Offers are sought in excess of £1,040,000, reflecting a 5.0% NIY after standard purchaser costs.
Property Facts
| Price | $1,417,860 | Lot Size | 1.72 AC |
| Price Per SF | $18.98 | Rentable Building Area | 74,711 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 5% | Year Built | 1990 |
| Tenure | Long Leasehold | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 0.14/1,000 SF |
| Property Subtype | Light Manufacturing | No. Drive In / Grade-Level Doors | 1 |
| Building Class | B |
| Price | $1,417,860 |
| Price Per SF | $18.98 |
| Sale Type | Investment |
| Cap Rate | 5% |
| Tenure | Long Leasehold |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 1.72 AC |
| Rentable Building Area | 74,711 SF |
| No. Stories | 2 |
| Year Built | 1990 |
| Tenancy | Single |
| Parking Ratio | 0.14/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- 24 Hour Access
- Security System
- Signage
- Yard
- Automatic Blinds
- Storage Space
Utilities
- Water
- Sewer
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250 Milkwood Rd
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