Facts about the property

Question 1

WAULT?

Answer 1

2.4 yrs break
3.2 yrs expiry

Question 2

Site cover?

Answer 2

46%

Question 3

Which tenants were in which units?

Answer 3

Unit 11 = Benchmarx (Travis Perkins)

Unit 12 = Holdsworth

Unit 14 = GAP

Units 15-17 = Howdens

Question 4

Which units had the tenant-installed mezzanine?

Answer 4

Unit 11 (Benchmarx)

Unit 14 (GAP)

Question 5

Which Unit had been recently reclad?

Answer 5

Unit 14 (GAP)

Question 6

What does GAP stand for?

(Unit 14 tenant)

Answer 6

General All Purpose Plastics

Question 7

What can you tell me about the Christchurch market?

Answer 7

• Christchurch is in the Bournemouth and Poole industrial market - demand largely driven by local occupiers with take up focused on smaller units (few major warehouse occupiers due to its relatively peripheral location)
• Access to markets - Bournemouth and Poole industrial market has a population of 5.6 million within a 2.25 hour drive time

Question 8

What can you tell me about the area local to the industrial estate?

Answer 8

Airfield Industrial Estate
* 3 miles east of Christchurch centre
* Enter past a LIDL and McDonalds
* Mix of manufacturing and trade counter occupiers i.e. kitchen supplies, car repairs and parts
* Mostly local occupiers
* There is a retail park (Meteor Retail Park) adjacent to the east of the industrial estate - occupiers such as Screwfix and Bathstore

Area surrounding subject
* Residential to the north

Priory Industrial Park
* East of Airfield Industrial Estate
* Larger distribution warehouses and a gym