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Nexus Ct
Brockworth GL3 4AG
Industrial Property For Sale
·
16,369 sq ft
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 A1
| Unit Size | 4,998 sq ft | Tenure | Freehold |
| Unit Use | Industrial | Net Initial Yield | 7.00% |
| Sale Type | Investment | NOI | £49,840 |
| Unit Size | 4,998 sq ft |
| Unit Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 7.00% |
| NOI | £49,840 |
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%.
Property Facts
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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