This is our largest proportion of the portfolio by value. We own 16 industrial assets located across the UK, ranging from distribution warehouses, located within the Midlands, to industrial estates, trade counter units and solus units, primarily located in the South East of England.

Key metrics as at 31 March 2020

20202019
Value£318.3 million£312.8 million
Internal Area2,570,100 sq ft2,731,000 sq ft
Passing Rent£16.0 million£16.0 million
Estimated Rental Value£18.6 million£18.7 million
Occupancy96.0%98.0%
Number of Assets1617

Portfolio as at 31 March 2020

PropertyArea (sq ft)    Freehold/ Leasehold
River Way Industrial Estate, River Way, Harlow454,800Freehold
Parkbury Industrial Estate, Handley Page Way, Radlett336,700Freehold
Grantham Book Services, Trent Road, Grantham336,100Leasehold
Belkin Unit, 3 Shipton Way, Rushden, Northants.312,900Leasehold
Vigo 250, Birtley Road, Washington, Tyne and Wear246,800Freehold
Units 1 & 2, Kettlestring Lane, York157,800Freehold
Sundon Business Park, Dencora Way, Luton127,800Leasehold
Swiftbox, Haynes Way, Rugby99,500Freehold
The Business Centre, Molly Millars Lane, Wokingham100,800Freehold
Lyon Business Park, River Road, Barking99,400Freehold
Easter Court, Europa Boulevard, Warrington81,500Freehold
Abbey Business Park, Mill Road, Newtownabbey61,700Freehold
Datapoint, Cody Road, London55,500Leasehold
Nonsuch Industrial Estate, 1-25 Kiln Lane, Epsom, Surrey41,700Leasehold
Unit 1 & 2, Downmill Road, Western Industrial Estate, Bracknell41,200Freehold
Magnet Trade Centre, Winnersh, Reading13,700Freehold

Largest occupiers as at 31 March 2020

Occupier% of total
portfolio

Belkin Limited

4.2

The Random House Group Limited

3.0

Snorkel Europe Limited

2.8

XMA Limited

2.4

DHL Supply Chain Limited

1.5