Overview
- Industrial
- 9984
Description
Location
These units are comprised within a single commercial building that has been subdivided by the vendors for a mix of their own occupation and letting purposes. It has blockwork elevations under a mix of a pitched roof on steel trusses and a flat roof which was renewed in 2022.
There is parking to the front of the building and a good sized yard to the rear which offers scope for more parking or storage. Units 3, 3A, 3B and 3C are all occupied. The plot is approximately 0.68 acres.
Summary
Key points
- Industrial investment
- Over 85% tenanted
- Situated on an established and popular industrial estate
- New leases recently agreed
- Easy access to the main A39 Atlantic Highway
- Existing tenants paying a rent of £68,205 p.a. equating to an average rent of £6.83/ sq ft
- Guide price £745,000 reflecting a net yield of 8.69% after an allowance for purchase costs of 5.48%
- This equates to approx. £74.62/ sq ft overall
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Unit 3 3A 3B 3C & 3D Trenant Industrial Estate, Wadebridge, PL27 6HB
