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3A Mount Pleasant Industrial Estate Mount Pleasant Rd 3,880 sq ft Industrial Property Wisbech PE13 3FF £250,000 (£64.43/sq ft) 6.25% Net Initial Yield
Investment Highlights
- Gross Initial Yield of 6.25%
- Located on established industrial estate
- Reversionary potential (rent increase to £18,000 pa in May 2027)
Executive Summary
The property is an industrial investment opportunity located within the established Mount Pleasant Industrial Estate in Wisbech. It is being sold freehold subject to an existing tenancy, producing a current income of £15,600 per annum, with a reversion to £18,000 per annum in May 2027. The property has been elected for VAT, which will be payable in addition to the purchase price. Each party is responsible for their own legal fees, and a service charge applies for the maintenance of common areas.
Property Facts
| Price | £250,000 | Costar Property Class | C |
| Price per sq ft | £64.43 | Total Plot Size | 0.12 ac |
| Sale Type | Investment | Net Internal Area (NIA) | 3,880 sq ft |
| Yield | 6.25% | No. Floors | 1 |
| Tenure | Freehold | Year Built | 1990 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse |
| Price | £250,000 |
| Price per sq ft | £64.43 |
| Sale Type | Investment |
| Yield | 6.25% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Total Plot Size | 0.12 ac |
| Net Internal Area (NIA) | 3,880 sq ft |
| No. Floors | 1 |
| Year Built | 1990 |
| Tenancy | Single |
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3A Mount Pleasant Industrial Estate | Mount Pleasant Rd
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