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Mahle GMbH, Halesfield 25, Telford, TF7 4LP
226,475 Sq Ft / Industrial
Withdrawn - Last updated: 05 October 2020
226,475 sq ft well located industrial/warehouseFully Let to Mahle Filter Systems UK Limited for a term of 10 years on a full repairing and insuring leasePassing rent of 740,000 per annum equating to 3.27 per sq ft. FreeholdSite cover of 35%8.4 years unexpired6 month rent free period granted from the 5th anniversary of the term, which will be topped up by the vendor.Net initial yield of 7.7% assuming purchasers costs of 6.68%.
Location
Mahle GMbH, Halesfield 25, Telford , TF7 4LP, Shropshire, West Midlands
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