- Multi let industrial investment opportunity
- Established industrial location
- Potential to add value
- Capital value of £37.50 per sq ft
- Purchase price £1 million
- Net Initial Yield 8.58%
- Passing rental £90,615 pa
The original industrial estate was developed by the Welsh Development Agency and provided 6 purpose built industrial/warehouse units. The vendor has subsequently developed units 2 and 3 in approximately 2010. The overall development comprises a self-contained site, comprising two pairs of semi-detached properties and a further rear terrace of four units.
The development has a low site area of just 21 % and therefore there are ample areas for car park and HGV loading.
The buildings are constructed of steel portal frame, with part brick and block work elevations, with plastic coated steel sheets above, beneath a pitched roof clad with similar materials including approximately 10/15 % light panels.
The properties extend to 26,661 sq ft.