Midland Road Trade Park, Cirencester
Midland Road, Cirencester, Gloucestershire, GL7 1PZ, UK
¥1,084,889,000 | 2,137 sm
The property is a purpose-built warehouse consisting of two interconnected units, covering a total area of 43,351 sq ft. The unit is constructed with a steel frame, concrete flooring, blockwork walls, and profile steel sheeting to both walls and roof.
It offers both warehouse and office space, along with ample parking and a sizeable yard at the front and side of the premises.
The warehouse features a generous eaves height of approximately 7.60m (with a haunch height of around 6.00m) and is easily accessible via four level access loading doors at the front of the unit.
We are instructed to seek offers in excess of £4,350,000 (Four Million, Three Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT, reflecting a Net Initial Yield of 7% (assuming purchaser's costs of 6.56%). Capital value of £100 per sq ft