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Jewson Silverton 23,702 sq ft Industrial Property Exeter EX2 8NB £3,570,000 (£150.62/sq ft) 6% Net Initial Yield
Investment Highlights
- Located 3 miles south of Exeter city centre within the established Marsh Barton commercial hub.
- Freehold 1.90 acre site with low building cover of 28% and secure yard.
- Offers immediate access to the A379 via Bad Homburg Way, with fast connections to the A30, A38, and wider motorway network
Executive Summary
We are instructed to seek offers in excess of £3,570,000 (THREE MILLION FIVE HUNDRED AND SEVENTY THOUSAND POUNDS) subject to contract and exclusive of VAT.
— An acquisition at this level would reflect an attractive NET INITIAL YIELD OF 6.00%, assuming standard purchaser’s costs.
— An acquisition at this level would reflect an attractive NET INITIAL YIELD OF 6.00%, assuming standard purchaser’s costs.
Property Facts
| Price | £3,570,000 | Costar Property Class | C |
| Price per sq ft | £150.62 | Total Plot Size | 1.90 ac |
| Sale Type | Investment | Net Internal Area (NIA) | 23,702 sq ft |
| Yield | 6% | No. Floors | 1 |
| Tenure | Freehold | Year Built | 2000 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 1 |
| Price | £3,570,000 |
| Price per sq ft | £150.62 |
| Sale Type | Investment |
| Yield | 6% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Total Plot Size | 1.90 ac |
| Net Internal Area (NIA) | 23,702 sq ft |
| No. Floors | 1 |
| Year Built | 2000 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- 24 Hour Access
Utilities
- Lighting
- Water - City
- Sewer - City
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Jewson | Silverton
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