Property unavailable
This property advert is no longer active. It is possible that the same property has been re-advertised under a separate listing, click below to view any replacement or similar listings.
Please note we do not have names or contact details of anyone currently occupying this building
we are also unable to provide details of the agents that posted the original advert with us.
If you are the owner of the building and would like to re-post this advert please email renewals@novaloca.com
If you would like to know if this, or any similar property comes back or on to the market
please click here to get updates by email.
Technocover Ltd Unit C, Henfaes Lane, Wales, Welshpool, SY21 7BE
62,491 Sq Ft / Industrial / Warehouse
Withdrawn - Last updated: 16 August 2023
- Industrial sale and leaseback investment
- Property to be let in its entirety to Technocover Limited on a 10-year term without break
- 62,491 sq.ft. GIA on 5.5-acre site, with low site coverage of 24%
- Reversionary investment with low initial base rent
- Total income receivable of £165,750 p.a.
- ERV of £193,200 p.a.
- Long-established occupier with over 25 years of trading history at the property
- Offers in the order of £2 million sought for the freehold interest, representing a low capital value of £32 per sq.ft.
- Quoting price reflects net initial yield of 7.68% and reversionary yield of 8.95% allowing for standard purchaser's costs
- Additional land available by way of separate negotiation
Key Features
( Agency Pilot Software Ref: 110645 )
Email me updates about similar new properties
Show similar properties