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Investment Highlights
- Prime south west location on Gloucester Business Park
- Let to Adnet Precision Engineering Ltd on a 10-year FRI lease (expiry 2034, break 2029)
- Established engineering manufacturer serving aerospace, defence and high-tech sector
- Modern end-terrace industrial unit totalling 4,998 sq ft
- Passing rent £52,479 pa reflecting £10.50 psf with upward-only reviews
- Gloucester industrial market: tight supply, strong demand, continued rental growth
Executive Summary
Unit A1 comprises a modern end of terrace industrial warehouse unit of steel portal frame construction with block/clad elevations beneath a double skinned roof.Access is via a sectional overhead loading door to the front elevation. The unit benefits from an internal eaves height of approximately 6.5 metres. The first floor offices are accessed from a ground floor lobby and pedestrian entrance door. Externally there is a service yard to the front with 8 parking spaces including 1 x EV charging point.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Net Initial Yield | 7.00% |
| Sale Type | Investment |
| Net Initial Yield | 7.00% |
| Tenure | Freehold |
Description
Modern end-terrace industrial unit totalling 4,998 sq ft.
Sale Notes
The freehold of this industrial investment opportunity is available for the guide price of £712,000 providing a yield of 7%.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit A1 | 4,998 sq ft | Industrial | £712,000 (£142.46/sq ft) | £49,840 |
Unit A1
| Unit Size |
| 4,998 sq ft |
| Unit Use |
| Industrial |
| Price |
| £712,000 (£142.46/sq ft) |
| NOI |
| £49,840 |
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Unit A1
| Unit Size | 4,998 sq ft |
| Unit Use | Industrial |
| Price | £712,000 (£142.46/sq ft) |
| NOI | £49,840 |
| Sale Type | Investment |
| Net Initial Yield | 7.00% |
| Tenure | Freehold |
| Description | |
| Modern end-terrace industrial unit totalling 4,998 sq ft.</li></ul> | |
| Sale Notes | |
| The freehold of this industrial investment opportunity is available for the guide price of £712,000 providing a yield of 7%.</li></ul> |
Property Facts Sale Pending
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 16,369 sq ft | Typical Floor Size | 8,185 sq ft |
| Property Type | Industrial (Unit) | Year Built | 2004 |
| Property Subtype | Warehouse | Total Plot Size | 1.00 ac |
| Costar Property Class | B | Parking Allocation | 0.12/1,000 sq ft |
| Floors | 2 |
| Total Property Size | 16,369 sq ft |
| Property Type | Industrial (Unit) |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 8,185 sq ft |
| Year Built | 2004 |
| Total Plot Size | 1.00 ac |
| Parking Allocation | 0.12/1,000 sq ft |
Amenities
- Security System
- Accent Lighting
- Roller Shutters
- Storage Space
Utilities
- Lighting
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Nexus Ct
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