Sold

Etna Works, Fenton, Stoke-on-Trent


Size
63,333 sq ft
Tenant
Barkers Engineering Ltd
Value
£1,850,000
Yield
9.00%

Property description

Etna Works, Fenton, Stoke-on-Trent

An excellent opportunity to acquire a well let industrial investment offering secure income.  The property is situated in a strategic location, immediately adjacent to the A50, a key arterial route linking the M6 and M1 motorways.  The property provides 63,333 sq ft of industrial accommodation across a large 4.16 acre site, providing a low site cover of 35%

The property is let to the established covenant of Barkers Engineering Ltd with 7.9 years unexpired at a passing rent of £177,000 per annum, reflecting just £2.79 psf.