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Units 12,13, 13A And 14 Crown Business Park, Melton Mowbray, LE14 3NQ

For sale: £2,600,000.00|44205 Sq Ft|Light Industrial, Other, Industrial, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£2,600,000.00
SIZE44205 Sq Ft
ADDRESSUnits 12,13, 13A And 14 Crown Business Park, , Old Dalby, Melton Mowbray, LE14 3NQ
TYPELight Industrial, Other, Industrial, Other Property Types & Opportunities
TENUREInvestment Opportunity, Under Offer, For Sale Freehold
POSTED ON11th November 2019

DESCRIPTION

10 Year Sale and Leaseback Investment Opportunity

Mixed Workshop, Warehouse and Office Investment Property on established Business Park.

We believe constructed between the 1980's and 2014.

Total GIA approximately 24,789 sq ft (2,303 sq m).

Sale and Leaseback opportunity - new 10 year unbroken effective full repairing and insuring lease
subject to a Schedule of Condition from the date of completion to Direct Trade Bag Company Ltd
(Company Registration No. 06728813) at a rent of £142,600 p.a.x.

Net initial yield after normal acquisition costs - 8.28%.

( Agency Pilot Software Ref: 426877 )

LOCATION

Location: Units 12,13, 13A And 14 Crown Business Park, , Old Dalby, Melton Mowbray, LE14 3NQ

Melton Mowbray (5.3 miles)

Sileby (7.6 miles)

Barrow Upon Soar (8.0 miles)

AGENT'S DETAILS

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