Overview
- Industrial Warehouse
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
Features
Brake Bros, Victoria Business Park, Roche, PL26 8LX
Contact Information
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