Unit 2B Commerce Park, Frome
Commerce Park, Frome, Somerset, BA11 2FB, UK
7 747 000 $ | 4 018 mètres carrés
Description de l'actif
- The property has recently been refurbished to accommodate 6 trade units with an additional 2 new retail units. Units 2 - 6 are of a steel portal frame construction with concrete blockwork elevations and profile metal sheet cladding.
- The main units are well maintained and have undergone a recent refurbishment including a new roof, loading doors and windows and a full internal redecoration.
- Each unit benefits from its own forecourt for loading and deliveries with a roller shutter door together with allocated car parking.
...
Attributs
Prix demandé
9 795 000 $
Superficie du bâtiment brute
2 137 mètres carrés
Occupation
100 %
Année de construction
1990
Taux de capitalisation
5,01 %
RNI
524 000 $
Média
Points forts de l'investissement
- A well located multi-let trade park situated in close proximity to Cirencester’s ring road.
- 6 refurbished trade counter units with 2 additional new build retail pods.
- The property extends to 23,003 sq ft (2,137 sq m) GIA.
- The site totals 1.39 acres (0.564 ha) reflecting a site coverage of 37%.
- Freehold.
- Attractive WAULT of 9.1 expiry and 5.7 years to break.
- Multi-let to 6 tenants providing a spread of expiries and covenant strengths.
- Asset management potential through letting of vacant unit (subject to rent guarantee).
- Current passing rent of £293,785 per annum.
- Rents equate to an average of £10.74 per sq ft on the Trade Counter element and £28.75 per sq ft on the retail element.
- We are instructed to seek offers in excess of £5,500,000 (Five Million Five Hundred Thousand pounds) subject to contract and exclusive of VAT, reflecting a Net Initial Yield of 5.01% (assuming purchaser’s costs of 6.61%).
Contactez les courtiers
Midland Road Trade Park, Cirencester (0 Propriétés)
JLL peut vous aider à financer et à gérer votre portefeuille. Envoyez-nous un courriel aujourd'hui pour voir comment nous pouvons vous aider à réaliser vos ambitions.
Dernière mise à jour
16 mai 2024
