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Guide price

£1,950,000

(£15.17/sq. ft)

Industrial for sale
Unit 2, Wheatfield Road, Dunnikier Business Park, Kirkcaldy, Fife KY1

    • 128,502 sq. ft

Available immediately
Freehold
Added on 19/07/2024

About this property

  • Let to Astrak (UK) Limited

  • Lease from November 2021 until November 2031

  • Tenant Break Option July 2029

  • Rent Passing of £180,000 per annum, exclusive

  • Rent Review 17th November 2026

  • Offers invited in excess of £2.25m (Net Initial Yield 7.5%)

  • Reversionary Yield between 8.31% and 8.73%

The subjects comprise a substantial modern detached and extended industrial Warehouse and Office property which is let to Astrak (UK) Limited.

The building is of steel portal framed construction benefitting from insulated metal cladding to walls and roof coverings. There is a high specification and good quality, two storey administration block attached to the front of the building, of reconstituted stone block cladding with a large and extended Warehouse attached to the rear which is of steel frame and reconstituted stone block cladding to
lower walls and insulated metal cladding to upper walls and roof. There is an
additional standalone workshop towards the rear of the site.

The industrial accommodation benefits from varied eaves heights ranging from circa 4.95m (16ft) to 5.5m (18ft).

The site has the benefit of a 'Tarmacadam' surface car park immediately to the front, with a concrete and mono block surfaced yard to the side and rear which benefits from partial secure perimeter fencing.

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Monthly repayment

£9,754 per month

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