South View Industrial Estate | Willand EX15 2QW
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South View Industrial Estate
Willand EX15 2QW
Industrial Property For Sale
Investment Highlights
- Modern industrial premises with warehouse, manufacturing facilities and offices
- Good turning circle for deliveries with concrete yard
- Benefits from double loading bays, electric roller shutter doors
Executive Summary
Offers in the region of £5,600,000 reflecting a NIY of 7.32% assuming 6.61% purchasers costs. A purchase at this level reflects a low capital value of £96 psf (on ground floor GIA).
The property is available Freehold subject to a simultaneous sale and lease back to Western Commodities
The property is available Freehold subject to a simultaneous sale and lease back to Western Commodities
PROPERTY FACTS
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.32% | Lot Size | 1.97 AC |
| Sale Conditions | Sale Leaseback | Rentable Building Area | 58,280 SF |
| Tenure | Freehold | No. Stories | 3 |
| Property Type | Industrial | Year Built | 2020 |
| Property Subtype | Warehouse | Parking Ratio | 0.43/1,000 SF |
| Sale Type | Investment |
| Cap Rate | 7.32% |
| Sale Conditions | Sale Leaseback |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.97 AC |
| Rentable Building Area | 58,280 SF |
| No. Stories | 3 |
| Year Built | 2020 |
| Parking Ratio | 0.43/1,000 SF |
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