26236 sq. ft (2437.4 m²)
Key features
- Multi-let freehold industrial investment
for sale - Net initial yield of 6.52%
- Established industrial location
- Opportunity for further rental income
Description
The site has a total gross internal floor area of 26,236 sqft (2,450.63 sq m) and is accessed via a secure gated estate road that loops around the estate for ease of access and egress with larger vehicles
We are instructed to seek offers in excess of £3,800,000 (Three Million, Eight Hundred Thousand Pounds) for the freehold interest, subject to contract and exclusive of VAT. An offer at this level would reflect a net initial yield of 6.45%, assuming usual purchaser's cost and a capital value of £144.84 psf.
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