Excellent opportunity to acquire a high quality multi-let industrial estate, extending to 71,004 sq ft across an extensive 11.87 site (extremely low site cover of 14%).
The Estate is fully let to 55 tenants, with a passing rent of £569,962 pa offering the opportunity for significant reversion and the ability to create a further 56,714 sq ft of accommodation across the estate.
The purchase price of £8.00M reflects a NIY of 6.63% and a reversionary yield of 7.96%.
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