Industrial for sale in Technocover Ltd Unit C, Henfaes Lane, Welshpool, Wales SY21

Offers in region of £2,000,000 (£32/sq. ft)
Industrial for sale 62,491 sq. ft*
Interested in this property? Call +44 161 506 5701 * or Request Details

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Property description

- Industrial sale and leaseback investment
- Property to be let in its entirety to Technocover Limited on a 10-year term without break
- 62,491 sq.ft. Gia on 5.5-acre site, with low site coverage of 24%
- Reversionary investment with low initial base rent
- Total income receivable of £165,750 p.a.
- erv of £193,200 p.a.
- Long-established occupier with over 25 years of trading history at the property
- Offers in the order of £2 million sought for the freehold interest, representing a low capital value of £32 per sq.ft.
- Quoting price reflects net initial yield of 7.68% and reversionary yield of 8.95% allowing for standard purchaser's costs
- Additional land available by way of separate negotiation

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Avison Young, B1 on +44 161 506 5701 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Avison Young, and do not constitute property particulars. Please contact Avison Young for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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