Industrial for sale

Key features

• Two well specified warehouse/industrial units providing a total of 32,051 sq ft (2,977.70 sq m).
• Self-contained site of 1.49 acres (0.603 hectares) / site cover 37%.
• Let to Sensia UK Ltd with a guarantee from Rockwell Automation Ltd (D&B rating 5A1) and Adler & Allan Ltd (D&B rating 5A2) providing a total income of £431,420 per annum / £14.68 psf overall (topped up).
• An attractive WAULT of 5.3 years to breaks and 9.3 years to lease expiries.
• The site may have potential for alternative uses such as retail, trade, car dealership subject to planning.
• 78% of the income linked to RPI.
• We are instructed to seek offers in excess of £6,600,000 subject to contract and exclusive of VAT for our client’s freehold interest, reflecting a capital value of £206 psf. A purchase at this level reflects a net initial yield of 6.13% on the topp...
• New key point...