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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Withdrawn - Last updated: 16 August 2023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 £XXX p.a.
- ERV of £XXX p.a.
- Long-established occupier with over 25 years of trading history at the property
- Offers in the order of £XXX million sought for the freehold interest, representing a low capital value of £XXX 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 )
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