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South View Industrial Estate 57,382 sq ft Industrial Property Willand EX15 2QW £5,100,000 (£88.88/sq ft)
Investment Highlights
- Freehold multi-let industrial investment opportunity.
- Occupies a 2.66 acre site with approximately 49% site coverage.
- Strategic South West location between Junctions 27 and 28 of the M5 motorway.
Executive Summary
Freehold industrial investment comprising Units 11, 12, 13 and 13B at South View Industrial Estate, Willand. The property extends to 57,382 sq ft GIA on a 2.66 acre site and provides warehouse, production and office accommodation. Total passing rent is £435,083 per annum. Offers are sought in excess of £5.1 million reflecting an 8.0% net initial yield and a capital value of approximately £88 per sq ft.
Property Facts
| Price | £5,100,000 | Total Plot Size | 0.66 ac |
| Price per sq ft | £88.88 | Net Internal Area (NIA) | 57,382 sq ft |
| Sale Type | Investment | No. Floors | 2 |
| Tenure | Freehold | Year Built | 2020 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Allocation | 0.44/1,000 sq ft |
| Costar Property Class | C | Eaves Height | 21 ft 3 in (6.48 m) |
| Price | £5,100,000 |
| Price per sq ft | £88.88 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Total Plot Size | 0.66 ac |
| Net Internal Area (NIA) | 57,382 sq ft |
| No. Floors | 2 |
| Year Built | 2020 |
| Tenancy | Single |
| Parking Allocation | 0.44/1,000 sq ft |
| Eaves Height | 21 ft 3 in (6.48 m) |
Amenities
- Front Loading
- Signage
- Storage Space
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South View Industrial Estate
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