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37 Barnett Way
Gloucester GL4 3RT
The Lodge · Light Industrial Property For Sale
Investment Highlights
- Prime South West location close to junction 11A of the M5
- Let to Industrial Vision and Metrology Systems Limited on a 10-year lease expiring 09 October 2034 (break option 09 October 2029)
- Gloucester industrial market: tight supply, strong demand, continued rental growth
- Detached industrial/office unit totalling 12,386 sq ft sq ft
- Passing rent £121,000 pa (£9.77 psf) with upward-only reviews
- Industrial technology firm with £2.15 m net worth, clean record, and supportive (non-guaranteeing) parent, Oxford Metrics plc
Executive Summary
The freehold of this industrial/office investment opportunity is available for the guide price of £1.52 million providing a yield of 7.5%.
Property Facts
| Sale Type | Investment | Total Plot Size | 0.56 ac |
| Yield | 7.50% | Net Internal Area (NIA) | 12,386 sq ft |
| Tenure | Freehold | No. Floors | 2 |
| Property Type | Light Industrial | Year Built | 1992 |
| Property Subtype | Light industrial - Research & Development | Tenancy | Single |
| Costar Property Class | B | Parking Allocation | 1.86/1,000 sq ft |
| Sale Type | Investment |
| Yield | 7.50% |
| Tenure | Freehold |
| Property Type | Light Industrial |
| Property Subtype | Light industrial - Research & Development |
| Costar Property Class | B |
| Total Plot Size | 0.56 ac |
| Net Internal Area (NIA) | 12,386 sq ft |
| No. Floors | 2 |
| Year Built | 1992 |
| Tenancy | Single |
| Parking Allocation | 1.86/1,000 sq ft |
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