Sold

VeyorEX, 12 Vesty Business Park, Bootle, L30 1NY


Size
4,345 sq ft
Tenant
VeyorEX
Value
£720,000
Yield
7.25%

Property description

Opportunity to purchase a modern, mid-terrace industrial unit within a prime Liverpool estate, located just 1 mile from the M57/M58 interchange.

The property comprises a 4,345 sq ft unit, constructed in the mid 2000’s, benefitting from 6m eaves, loading door and 24-hour manned security.

The property has been secured to Veyorex Ltd on a 10-year lease expiring in March 2036, with a tenant break option in year 5. Current passing rent of £55,000 pa, reflecting £12.66 psf, with 5 yearly open market rent reviews.

The purchase price of £720,000 represents a NIY of 7.25%.

Agents

Matt O'Reilly

E: matthew@b8re.com

T: 07825 883722

John Burrows

E: johnb@b8re.com

T: 07921 137200