Light Industrial Units for sale in the Upton St Leonards, Gloucester

Commercial Property in Upton St Leonards available for sale

Light Industrial Units for Sale Within 5 miles of the Upton St Leonards, Gloucester

Baird Rd

Quedgeley, GL2 2AF

Industrial for Sale
£1,500,000
14,876 sq ft
1 Unit Available

Energy Performance: D

Quedgeley Industrial for Sale - Gloucester

Seeking offers in excess of £1,500,000 (One Million Five Hundred Thousand Pounds). A purchase at this level would reflect 6.28% NIY with potential reversion to around 9.35% (allowing for purchaser’s costs at 6.10%) and capital value of £100 per sq ft. The property is fully let on FRI terms to Direct Online Services Limited on a 10 year lease from 1st July 2018 expiring 30 June 2028, leaving approximately 3 years unexpired. The rent passing is £100,000 per annum, reflecting £6.72 per sq ft. The lease is contracted outside the act. The tenant owns and occupies the adjoining Units 8 & 9, as well as the opposing terrace.

Contact:

Alder King LLP

Property Subtype:

Warehouse

Date on Market:

03/07/2025

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More details for Brunel Ct, Quedgeley - Light Industrial for Sale

Waterwellls Business Park - Brunel Ct

Quedgeley, GL2 2AL

Light Industrial for Sale
2,366 sq ft

Quedgeley Light Industrial for Sale - Gloucester

Unit C3 is a single storey industrial unit with parking immediately outside. The property has large branding and signage on display above the main entrance. Inside, the welcoming reception area is fitted with customer service counter. The space is home to B Grade Domestics Limited which operates there under a leasehold basis. The tenant an has annual turnover of £354,252 and adjusted net profit of £57,610. The property is available on both a freehold and leasehold basis. For the freehold offers in the region of £380,000.00. For the leasehold the annual rent is £20,000 PA.