Map pinThe Greenhouse, Smith Way, Ossett, WF5 9JT, UK

Reflex Labels Limited, Ossett

Reflex Labels Limited, Ossett_Property for Sale

Attributes

Building area gross
38,776 sf
Land area gross
1.47 acres
WAULT to breaks
7.1 years

Asset description

Industrial Investment with Index Linked Rental Uplifts

...

Investment highlights

·Industrial investment opportunity located in the established industrial area of Ossett, West Yorkshire

·Situated on the town’s primary trading estate, just 0.75 miles from the M1 Motorway

·Total site area of 1.47 acres (0.59 hectares)

·The property extends to 38,776 sq ft (3,602 sq m) GIA

·Freehold

·Fully let to Reflex Labels Limited, with a Creditsafe score of 96 representing ‘Very Low Risk’

·The Reflex Group Limited act as Guarantor with a Creditsafe score of 96 representing ‘Very Low Risk’

·WAULT of 7.10 years to break

·Current passing rent of £164,798 per annum equating to £4.25 per sq ft

·At the December 2026 review, the rent is expected to rise to £200,502 per annum equating to £5.17 per sq ft, producing a reversionary yield of 8.88%



We are instructed to seek offers in excess of £2,125,000 (Two Million, One Hundred and Twenty-Five Thousand Pounds) subject to contract and exclusive of VAT. 

A purchase at this level reflects a Net Initial Yield of 7.30%, assuming standard purchaser’s costs of 6.31%.


Reflex Labels Limited, Ossett (0 Properties)

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Last updated
Nov 21, 2024