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Fourth Av 9,078 sq ft Industrial Property Halstead CO9 2SY £975,000 (£107.40/sq ft) 6.67% Net Initial Yield

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EXECUTIVE SUMMARY

The freehold interest is for sale, subject to the existing lease. The property is let to Thorntons Limited by way of an FRI lease expiring 24th June 2028, at a rent of £65,000 per annum. The lease is guaranteed by Ferrero UK Limited. £975,000 reflecting a Net Initial Yield of 6.67%.

PROPERTY FACTS

Price £975,000
Price per sq ft £107.40
Sale Type Investment
Yield 6.67%
Tenure Freehold
Property Type Industrial
Property Subtype Distribution Warehouses
Total Plot Size 0.38 ac
Net Internal Area (NIA) 9,078 sq ft
No. Floors 1
Year Built 1990
Tenancy Single

AMENITIES

  • Bus Route
  • Demised WC facilities
  • Listing ID: 35856766

  • Date on Market: 14/05/2025

  • Last Updated:

  • Address: Fourth Av, Halstead CO9 2SY

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