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Speedy Hire, Goodridge Trading Estate, GLOUCESTER, GL2 5EA

For sale: POA|19922.99 Sq Ft|General Industrial, Industrial

PROPERTY DETAILS

FOR SALEPOA
SIZE19922.99 Sq Ft
ADDRESSSpeedy Hire, Goodridge Trading Estate, Goodridge Lane, GLOUCESTER, GL2 5EA
TYPEGeneral Industrial, Industrial
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON1st June 2019

DESCRIPTION

Single let industrial investment opportunity � Strong industrial location, within 2 miles of junction 12 of the M5� Freehold � Single let industrial unit totalling 18,923 sq ft � Passing rent of GBP 113,500 per annum, reflecting a low base rent of GBP 4.72 per sq ft � New ten year lease with five year tenant break option � Site area of 1.95 acres. Very low site cover of circa 22% � Offers in excess of GBP 1,780,000 (One Million Seven Hundred and Eighty Thousand Pounds) reflecting a NIY of 6% assuming purchasers costs of 6.21%.



(From Caldes Software. Property Ref: N90427. Jun 3 2019 3:39PM)

LOCATION

Location: Speedy Hire, Goodridge Trading Estate, Goodridge Lane, GLOUCESTER, GL2 5EA

Gloucester (2.5 miles)

Stonehouse (6.4 miles)

Stroud (6.8 miles)

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