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Unit 14 Pentre Industrial Estate

For Sale

Unit 14 Pentre Industrial Estate

Price
£232,000 Guide Price
Rent
£19,760 p.a.
Yield
8.5%
Brochure

Location

The property is located in Pentre, which is approximately 1 mile from Nescliffe and within close proximity of the A5 Trunk Road (Main Oswestry to Shrewsbury Road), this provides access to the national road network. The property is situated approximately 7 miles from the town of Shrewsbury and approximately 7 miles from Oswestry and approximately 25 miles from Telford. Birthplace of Charles Darwin, Shrewsbury is set amidst the glorious Shropshire countryside near to theWelsh Borders and is one of England’s finest medieval market towns.
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Description

The property comprises a self- contained industrial unit.The unit is of steel portal frame construction with part brick and part metal clad elevations under a profiled metal roof with translucent roof panels for natural lighting. It has separate pedestrian and roller shutter access and there is yard space and parking to the front and side of the units.

Tenure

All units are held freehold and are sold subject to the existing tenancy.

Tenancy

The property produces an annual rent of £19,760 exclusive of VAT. It is fully let in accordance with the tenancy schedule below on 10 year full tenant repairing lease from with 3 yearly rent reviews to the greater of RPI or market rent. The leases are subject to a tenant only break clause at the fifth year of the term subject to 12 months prior written notice.

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Contact us today

If you are considering investing in commercial property or expanding your portfolio then contact the team at RE Investors.

Phone: 01788 296 216
Email: sales@reinvestors.co.uk
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