Frank-Steier Price Ltd. Leading niche commercial property investment practice Logo for Midlands Property Awards 09

November 2017

Centurion Court, Brick Close, Kiln Farm, Milton Keynes, MK11 3JB

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The property is located on Kiln Farm industrial estate in Milton Keynes, onee of the most established industrial locations in the town.  The property comprises a modern multi-let industrial estate of 10 units totalling 24,163 sq.ft.  The property is fully let with a total passing rent of £165,734 per annum (low average rent of £6.86 per sq.ft).  Offers sought in excess of £2,225,000 which reflects a net initial yield of 7.00% and a reversionary yield of 7.92%.  Low underlying capital value value of £92 per sq.ft.