2 Carbeile Rd
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2 Carbeile Rd
2,238 SF Industrial Building Torpoint PL11 2EA $401,065 CAD ($179 CAD/SF) 7.81% Cap Rate
Investment Highlights
- Approximately 1/2 mile from the Torpoint ferry terminal linking to the City of Plymouth
- Light industrial / warehouse
- Access to the A374 links westward into Cornwall
- EPC - C
Executive Summary
Trade Counter / Industrial Investment for sale at asking Price - £225,000 reflecting a net initial yield of 7.81%, producing rent of £18,000 PAX.
Our client wishes to dispose of the freehold interest in the premises, subject to the existing lease of 6 years that commenced on 15th April 2024. The Tenant is Shearwater Marine Services Limited. They have been trading for in excess of 32 years and are rated as a Very Low Risk Company. Lease expiry April 2030.
Our client wishes to dispose of the freehold interest in the premises, subject to the existing lease of 6 years that commenced on 15th April 2024. The Tenant is Shearwater Marine Services Limited. They have been trading for in excess of 32 years and are rated as a Very Low Risk Company. Lease expiry April 2030.
Property Facts
Price | $401,065 CAD | Building Class | C |
Price Per SF | $179 CAD | Lot Size | 0.12 AC |
Sale Type | Investment | Rentable Building Area | 2,238 SF |
Cap Rate | 7.81% | No. Stories | 1 |
Tenure | Freehold | Year Built | 1990 |
Property Type | Industrial | Tenancy | Single |
Property Subtype | Warehouse |
Price | $401,065 CAD |
Price Per SF | $179 CAD |
Sale Type | Investment |
Cap Rate | 7.81% |
Tenure | Freehold |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | C |
Lot Size | 0.12 AC |
Rentable Building Area | 2,238 SF |
No. Stories | 1 |
Year Built | 1990 |
Tenancy | Single |
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2 Carbeile Rd
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