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Key Features
Three adjacent industrial units on an established industrial estate
Eaves height of 5.2m, demised yard and parking
Total of 6,654 sq ft of lettable floor space
Let on one lease to a single occupier
Reversionary income £120,000 per annum (£18.06 psf)
Established tenant founded in 2015
Offers invited in excess of £1,500,000
Low entry price at this level of only £226 psf GIA
A purchase at that level, after normal purchaser's costs, would show a net initial yield of 7.54%
