Midland Road Trade Park, Cirencester
Midland Road, Cirencester, Gloucestershire, GL7 1PZ, UK
9 795 000 $ | 2 137 mètres carrés
Description de l'actif
Last-Mile Freehold Industrial Estate
The property comprises a multi-let industrial/warehouse estate of 15 units, arranged in five terraces, and constructed late 1970’s/ early 1980’s of portal frame with steel clad elevations, and a pitched roof incorporating translucent panels. In total the estate provides a total 34,065 sq ft (3066 sq m) with individual unit sizes ranging from 934 sq ft – 4,798 sq ft (84.1 – 431.8 sq m), as detailed in the schedule of undertenancies below. Yards are of concrete with tarmacadam access roads. The site area comprises 2.9 acres (1.17 ha) though it is anticipated that a cycle path may require part of the frontage to Leyton Road.
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Attributs
Superficie du bâtiment brute
3 165 mètres carrés
Nombre d'unités
15
RNI
354 000 $
Occupation
100 %
Durée
Freehold
Média
Points forts de l'investissement
- Located midway between Stratford and Leyton in the Borough of Newham, with an extensive frontage to the A112
- Swift access to the A406 North Circular Road/M11 junction, thereby the M25, the A12 and A13
- Multi-let industrial/warehouse estate of 34,065 sq ft (3066 sq m) in 15 units, ranging from 934sq ft - 4798 sq ft on a 2.9 acre site
- Let on a lease with 53.75 years unexpired at a peppercorn Freehold and subtenancy (99 yrs less 3 days) interests for sale
- Let to 13 tenants on 14 tenancies, producing a gross rent of £578,250pa ERV considered circa £785,000 pa
- Net rental income currently £198,250 pa.
- Offers are invited for the freehold and subtenant interests.
Contactez les courtiers
Thornham Grove Industrial Estate, Leyton London E16 (0 Propriétés)
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Dernière mise à jour
8 août 2024
