The Story So Far

OAKCROFT ROAD CHESSINGTON SURREY

The Property This is a modern distribution depot of 1,775 sqm/19,100 sqft . It was built in the late 1970's by Manor Supplies, later taken over by BSS Group Plc. BSS use it to supply major building contracts needing large scale specialist plumbing equipment and pipes in the London area. They also have a small trade counter operation at the building. It is heated and lit, constructed in a single span and site cover is low at about 39%. BSS occupy on a lease until 2021 at a relatively undemanding rent of 9.30 per sqft.

Why Buy? Three major reasons. Most importantly, the building footprint is low at under 40% and the building is constructed in one corner of the site, so that all the external area is useable producing an exceptionally large yard and open storage area. The largest we have seen in this part of London for a long time. Secondly, there is not much industrial/distribution building supply in Southwest London, particularly with road access as good as this into and out of Central London. Thirdly, BSS Group Plc are well known to us, as tenants of no less than 3 buildings at Stratford Hub. We will now hold this investment for expected growth in rental value.

Please click on the images below to enlarge.

Chessington    
     

Contact Us

10 Knaresborough Place
Kensington
London SW5 0TG

Ivor A French FRICS
T 020 7244 4202
M 078 9999 1111
Email Ivor

David Coleman MRICS
T 020 7244 4214
M 079 5696 6677
Email David