12-14 Cotswald Link - Service FOR SALE


Moreton In Marsh, GLS GL56 0JQ
$1,250,000 USD
160-865-3609
12-14 Cotswald Link, Moreton In Marsh, GLS for Sale
$1,250,000 USD
Service - FOR SALE
1/4
null | Request Cap Rate

12-14 Cotswald Link
Moreton In Marsh, GLS GL56 0JQ


HIGHLIGHTS

  • Detached freehold industrial building, split into three units
  • Built in 2007 of a steel portal frame and concrete block fair faced blockwork division walls
  • Insulated external cladding and roofing with roof lights
  • Power floated concrete floors
  • Electric roller shutter doors with 5.5m headroom and adjoining personnel door
  • Fire alarms fitted to each unit

OVERVIEW

Freehold investment opportunity or potential for vacant possession in 2025. Cotswold Business Village is viewed as the premier commercial development in the North Cotswolds. Available as a going concern or vacant possession can be sought as the three leases expire in 2025 and are outside the Landlord and Tenant Act. The 2021 rent reviews were not enacted. Total current rent £42,000 per annum and market rent estimated at £75,000 per annum a 6% gross yield. Potential to extend the building subject to consent. UNIT 12 ? Vacant since 31st January 2025 ? Market Rent in region of £25,000 per annum ? Rateable Value - £19,750 and EPC Band C ? 5 parking spaces UNIT 13 ? One year lease to January 2026, with a mutual two month break clause ? Current passing Rent (per annum) £20,000 ? Full Repairing and Insuring Lease ? The lease is excluded from the renewal provisions (sections 24 to 28) of the Landlord and Tenant Act ? Rateable Value - £21,250 and EPC Band C ? 5 parking spaces UNIT 14 ? Lease expiring on 1st June 2025 ? Current passing Rent (per annum) £22,000 ? Full Repairing and Insuring Lease ? The lease is excluded from the renewal provisions (sections 24 to 28) of the Landlord and Tenant Act ? Rateable Value - £24,000 and EPC Band D ? 5 parking spaces

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$164 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cotswold Business Centre

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jasper FeildingHayman-JoyceMore Info
160-865-3609

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Jasper FeildingHayman-JoyceMore Info
160-865-3609

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.