Offers over
£2,700,000
(£45.68/sq. ft)
Industrial for saleTosca Supply Chain Solutions UK Limited, Boardman Road, Boardman Industrial Estate, Swadlincote DE11
59,109 sq. ft
EPC Rating: E
About this property
Strategically situated on an established industrial Estate. Located midway between the A38 and A42 providing excellent connection to the wider road network.
Freehold
New 10-year fr&I lease from 22nd August 2019 to Tosca Supply Chain Solutions Uk Ltd, a 100% owned subsidiary of Tosca Belgium bv, and a global leader in reusable plastic packaging and performance pooling solutions. Tosca Belgium are Guarantor to the lease
Current rent £225,000 per annum reflecting only £4.30 psf.
A conservative erv of £5.00psf provides a reversion to £261,650pa.
Offers in excess of £2,700,000 (Two Million, Seven Hundred Thousand Pounds). A purchase at this level reflects an attractive net initial yield of 7.83%, with a potential reversion to 9.11% assuming usual purchaser’s costs and a capital value of only £51.60psf applying half rate to the canopy.
The unit comprises of a 48,548 sq. Ft warehouse of steel portal frame construction with profile metal cladding with brick infill and ancillary office building.
The unit has an eaves height of 8 metres and a canopy of 7,620 sq. Ft to the front of the unit. The unit has a site area of approximately 2.25 acres. Yard/hard standing is provided to the front and side of the property, along with 3 level roller shutter loading doors contained within the canopy, providing ample covered loading and enabling a one-way hgv access system as well as staff and visitor parking. The 2-storey office accommodation situated at the front elevation benefits
from gas central heating, suspended ceilings, perimeter trunking, and Female, disabled and male WC’s
Location
The property is situated on Boardman Road within the Boardman Industrial Estate, positioned on the western edge of Swadlincote, a historic mining town in the District of South Derbyshire, nestled within the National Forest area.
Strategically located, the site lies approximately 5.4 miles south of Burton-upon-Trent and 6.4 miles west of Ashby-de-la-Zouch.
The property benefits from excellent transport links, with close proximity to the A42, and A38 providing direct access to the M45 to the south and the M1 to the north, facilitating efficient regional and national connectivity.
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