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Prime Distribution Warehouse Investment, The Perry Centre, Quedgeley, Gloucester, GL2 2AD
28,758 Sq Ft / Industrial
Withdrawn - Last updated: 11 August 2021
- A prime, modern distribution warehouse investment with excellent access to the M5 motorway.
- The Property is situated on Waterwells Business Park, an established distribution and office location, approximately 1.5 miles (2.4 km) north of Junction 12 of the M5.
- Excellent local supply and demand characteristics with a shortage of available space.
- The Property extends to 28,758 sq ft (2,671.65 sq m) on a site of 1.67 acres (0.67 ha), providing a low site density of 40%.
- The Property benefits from an excellent specification including 5 loading doors, crossed docked, secure parking and an internal eaves height of 8m.
- Let to Royal Mail Group Ltd on a full repairing and insuring lease for a term of 10 years from September 2012 with an unexpired term certain of approximately 8.5 years.
- Royal Mail Group Ltd have an excellent Dun & Bradstreet rating of 5A 1.
- The current passing rent is £170,000 per annum (£5.91 per sq ft).
- Freehold.
- A low capital value of £77.02 psf.
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