Waverley House, Granby Industrial Estate
Granby Industrial Estate, Weymouth, DT4 9XD
IDR 64,479,754,000 | 4,824 m²
Asset Description
The property, accessed directly from Barnett Way, comprises a detached terrace forming two modern industrial units of a steel portal frame construction arranged under a profile metal sheet roof.
Each unit is accessed via high bay roller shutter metal doors, and benefits from a well configured yard area with demised external car parking spaces.
...
Attributes
Building area net
3,621 m²
Occupancy
100%
WAULT
2.7 years
Asking price
IDR 79,089,307,000
Media
Investment Highlights
- Prominently situated within Barnwood Industrial Estate which is an established mixed use commercial estate
- The property is located to the east of Gloucester city centre, only 2 miles from junction 11A of the M5
- A detached modern industrial property divided into two self-contained units totalling 38,976 sq ft GIA, with a maximum eaves height of circa 7m
- Site area of 1.75 acres equates to a site coverage of 46%
- WAULT of 2.69 years to expiry
- Opportunity to capture reversion from an outstanding rent review and short WAULT
- Current passing rent of £287,253 per annum, equating to a base rent of £7.37 per sq ft on the unit
- Freehold
We are instructed to seek offers in the region of £3,500,000 (Three Million, Five Hundred Thousand Pounds) subject to contract and exclusive of VAT, reflecting a Net Initial Yield of 7.71% (assuming purchaser’s costs of 6.50%), equating to a low capital value of £89.80 per sq ft
Contact brokers
1-2 Barnwood Industrial Estate, Gloucester (0 Properties)
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
10 Feb 2025
