Investment Evidence Flashcards
Best investment evidence?
Horsham Trade Park
* 4.88% EY
* WAULT 4.02
* 6 Units
Why did you adopt an equivalent yield?
Reversionary and therefore EY to reflect the full life cycle of the income stream
How did you find the EYs?
Verified with agents.
(if pushed say I cross checked by modelling on AE with ERV / void / RF assumptions provided by in-house agency team)
Horsham Trade Park?
- Acquired by in-house investment team
Recent
* March 2022
Similar specification
* Steel portal frame with brick and block elevations and pitched roofs
* Detached terrace of industrial units
* Individual unit sizes 7,000 - 10,000 sq ft
* Roller shutter doors
* Trade counters with two-storey offices
* 1980s
* Eaves Height 6.00m
Similar tenants
* E.g. Travis Perkins, Screwfix
Similar WAULT
* 4.02 yrs
Superior location
* Horsham Trade Park centrally located in Horsham - direct train to London Victoria in 50 minutes
* Adjacent to A264 which links directly to M23 and M25
