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AGENT'S DETAILS


The Enterprise Centre, Dawsons Lane, Leicester, LE9 8BE

For sale: £1,950,000.00|63323 Sq Ft|Office, General Industrial, Other, Offices, Industrial, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£1,950,000.00
SIZE63323 Sq Ft
ADDRESSThe Enterprise Centre, Dawsons Lane, Barwell, Leicester, LE9 8BE
TYPEOffice, General Industrial, Other, Offices, Industrial, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON6th July 2020

DESCRIPTION

High-yielding, multi-let secondary industrial estate.

35 units let to 17 tenants, income spread over a wide range of occupiers

Annual net rent of £187,644 increasing to £194,994 / Majority of tenants have been on the estate for 10 years plus

Opportunity to work up the ERV's and convert TAW's to leases

Anchor tenant (35% of the income) has just signed new 5 year lease

Excellent rent collection during Covid - as of 08/07/20, 90% + of tenants had paid their rent up to date.

Potential longer term residential play

Guide Price £1.95m which reflects 9.11% NIY
( Agency Pilot Software Ref: 20010939 )

LOCATION

Location: The Enterprise Centre, Dawsons Lane, Barwell, Leicester, LE9 8BE

Hinckley (2.5 miles)

Narborough (5.8 miles)

Nuneaton (5.9 miles)

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