High Yielding Industrial Estate With Development Potential.
- Multi let estate with underlying alternative use value
- Self-contained estate extending to approximately 19,634 sqft
- Site area of 1.13 acres (0.46 hectares) with low site cover of 39%
- Low total passing rent of £54,020 per annum
- 67% let
- Increase in rental upon letting the vacant units
- Vacant possession achievable in 2022
- Freehold
- The estate offers real asset management to improve value
- Offers in excess of £650,000 (Six Hundred and Fifty Thousand pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a NIY of 7.9% on the contracted income and low capital value of £33.10 psf.
