Stuart Close Trade Park, Cardiff
Penarth Road, Cardiff, South Glamorgan, CF11 8QF, UK
SEK 86,562,000 | 6,815 m²
Attributes
Building area net
5,966 m²
Occupancy
100%
Year built
2015
Land area gross
5,966 m²
Number of units
2
WAULT
15 years
Asking price
SEK 101,154,000
NOI
SEK 7,236,000
Rent PSF
SEK 112.73
Description
Opportunity to acquire a modern industrial sale & leaseback investment let to two undoubted covenants.
...
Investment Highlights
- The property comprises two high specification mid-box units totalling 64,217 sq ft (GIA)
- The asset produces a total passing rent of £555,892 pa, which reflects a rate of £8.66 psf
- Both units are let on new 15 year leases
- The rent will be subject to five yearly upwards only rent reviews to the high of open market value or CPI (2-4%)
- 100% of income is secured against tenants with a CreditSafe 'Very Low Risk' of business failure
- Both units were constructed in 2015 and are EPC B
- The site area is approximately 6.6 acres (2.7 ha), providing an extremely low site cover of 22%
- The property is held Freehold
Media
Beacon Park, Great Yarmouth (0 Properties)
Contact brokers
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
10 Jun 2025