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Brake Bros, Victoria Business Park, Roche, PL26 8LX

Overview

  • Industrial Warehouse
  • Property Type

Description

Location

A detached modern warehouse on a secure corner plot of approximately 1.1 acres. The site benefits from dual access, currently divided into a staff parking area and a concrete loading yard. The unit is of steel portal frame construction clad in profile metal sheet under a pitched roof. To the front of the unit is two storey office accommodation together with welfare amenities. The warehouse has a minimum clear height of 5.89m and is accessed by two dock level loading doors.

Summary

Key points

  • Established industrial and logistics location
  • Modern cold store distribution
    facility
  • Single let on 20 year lease expiring February 2033
  • Approx. 7 years unexpired without break
  • Rental income £68,663 pax (£5.08 per sq ft)
  • Excellent covenant strength tenant, Sysco GB Ltd
  • 5 yearly index linked rent reviews, next review Feb 2028
  • Low site density of only 28%
  • NIY 6.5%
  • Low capital value of £74
    per sq ft

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Features

Contact Information

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Lambert Smith Hampton
  • Lambert Smith Hampton

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