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2 The Dean, Alresford So24 ...

Updated Dec 18, 2023

Fowler & Smith Leases Warehouse In New Alresford With London Clancy As The Broker
LEASEDIndustrial

Fowler & Smith Leases Warehouse In New Alresford With London Clancy As The Broker

2 The Dean, Alresford So24 9 Ax, Uk

Building Size

38,540 SF

Asset Type

Industrial

Closing

Sep 13, 2020

About this deal

AI

The warehouse located at 2 The Dean in New Alresford was leased on 09/14/2020. The tenant for this property is Fowler & Smith. The asking rent for this 3,854 square feet warehouse is £1500 per month. The lease agreement is for a period of 6 years. The leasing transaction was facilitated by London Clancy.

Summary of transaction details

  • Property Type: Warehouse
  • Transaction Amount: £1500
  • Address: 2 The Dean, New Alresford
  • Market: New Alresford
  • Square Feet: 3,854
  • Tenant: Fowler & Smith
  • Broker: London Clancy

The lease agreement for the warehouse at 2 The Dean in New Alresford was signed for a duration of 6 years. Fowler & Smith will be the tenant for this property. London Clancy acted as the broker for this lease transaction.

Players

Winchester Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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