Commercial Property in TR8 available for sale
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Refrigeration & Cold Storage Units for Sale near the TR8, Newquay

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Refrigeration & Cold Storage Units for Sale Within 10 miles of the TR8, Newquay

More details for Victoria Business Park, Roche - Industrial for Sale

Brake Bros - Victoria Business Park

Roche, PL26 8LX

  • Industrial for Sale
  • £1,000,000
  • 11,495 sq ft

Roche Industrial for Sale

Seeking offers in excess of £1,000,000 (One million pounds) for the freehold interest of the premises, reflecting a net initial yield of 6.5% (assuming purchaser’s costs of 5.75%) and a capital value of only £74 per sq ft. The property is let to Sysco GB Ltd (formerly Brake Bros Ltd) on a 20 year lease without break expiring 26th January 2033, providing an unexpired lease term of approximately 7 years. The current rent is £68,663 per annum which equates to a rent of £5.08 per sq ft. There are upwards only rent reviews every 5 years annually compounded in line with RPI (subject to a cap of 4% pa). The property is let on Full Repairing and Insuring terms subject to a Schedule of Condition. The tenant has a right of renewal for a further term of 15 years on 6 months’ notice.

Contact:

Lambert Smith Hampton

Property Subtype:

Cold Storage

Date on Market:

18/11/2025
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