Industrial for sale in Trenant Industrial Estate, Egloshayle, Wadebridge PL27

Guide price £795,000 (£79.63/sq. ft)
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Industrial for sale

9,984 sq. ft*

Property features

  • Industrial investment
  • Situated on an established and popular industrial estate
  • Easy access to the main A39 Atlantic Highway
  • For sale due to retirement of the owners & available for the first time in over 40 years
  • 3 units let & one with vacant possession (due to the owners retiring)
  • Existing tenants paying a rent of £37,366 p.a. Equating to an average rent of £6.04 sq ft
  • At £6 psf vacant premises adds another £24,500 p.a.
  • Guide price £795,000 reflecting a net yield of 7.38% after an allowance for purchase costs of 5.48% & assuming Unit 3 is let at £6 psf

Property description

These units are comprised within a single commercial building that has been subdivided by the vendors for a mix of their own occupation and letting purposes. It has blockwork elevations under a mix of a pitched roof on steel trusses and a flat roof which was renewed in 2022.

There is parking to the front of the building and a good- sized yard to the rear which offers scope for more parking or storage. Units 3A, 3B and 3C are all occupied. The plot is approximatlery 0.68 acres.

Unit 3 will be vacated on the completion of the sale and will then be available for a new owner to occupy or to let and secure further income.

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
Vickery Holman Property Consultants, TR1 on +44 1872 395921 * (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 Vickery Holman Property Consultants, and do not constitute property particulars. Please contact Vickery Holman Property Consultants 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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