Established business location circa 2.5 miles from J31 of the M1
Excellent potential for rental growth with rents as low as £4.86 per Sq Ft with the average industrial rent only £5.63 per Sq Ft
Fully let generating £100,784 per annum exclusive reflecting a low rent of £6.13 per Sq Ft
OVERVIEW
Inviting offers over £1,200,000 reflecting an attractive net initial yield of 7.93% and a reversionary yield of 10.43%. A purchase at this level reflects a low capital value of only £73.01 per Sq Ft. Assuming standard purchaser’s costs of 5.92%.