Guide price
£745,000
(£74.62/sq. ft)
Industrial for saleTrenant Industrial Estate, Egloshayle, Wadebridge PL27
9,984 sq. ft
Freehold
About this property
Industrial investment
Over 85% tenanted
Situated on an established and popular industrial estate
New leases recently agreed
Easy access to the main A39 Atlantic Highway
Existing tenants paying a rent of £68,205 p.a. Equating to an average rent of £6.83/ sq ft
Guide price £745,000 reflecting a net yield of 8.69% after an allowance for purchase costs of 5.48%
This equates to approx. £74.62/ sq ft overall
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 3,3A, 3B and 3C are all occupied. The plot is approximately 0.68 acres.
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 3,3A, 3B and 3C are all occupied. The plot is approximately 0.68 acres.