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Unit 16 Pentre Industrial Estate, Shrewsbury SY4 1BP

Under Offer

Unit 16 Pentre Industrial Estate, Shrewsbury SY4 1BP

Price
£147,000 Guide Price
Rent
£12,480 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 the Welsh 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. The unit has separate pedestrian and roller shutter access and there is yard space and parking to the front and side of the unit.

Tenure

The property is sold freehold subject to the occupational lease below.

Tenancy

The lease is for a term of 10 years on full tenant repairing and insuring terms as detailed in the tenancy schedule below. The lease is subject to a rent reviews set out in the table below to the greater of market rent or RPI. The lease is subject to tenant only break clause at the 5th year subject to 12 months minimum 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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