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Freehold

Guide price

£745,000

(£74.62/sq. ft)

Industrial for sale

Trenant Industrial Estate, Egloshayle, Wadebridge PL27
9,984 sq. ft

Guide price

£745,000

(£74.62/sq. ft)

Industrial for sale
Trenant 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.

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