Property Information
Address:
Unit 3 3A 3B & 3C Trenant Industrial Estate, Trenant Industrial Estate, Wadebridge, Cornwall
, PL27 6HB
, Cornwall
, United Kingdom
Price: Buy: POA
Size: 9984 sq ft928 sqm
Primary Category: Industrial
All Categories:
Investment, Industrial,
Property Ref/Movehut: MH678363
Property Ref/Agent: 20554
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: June 15, 2024
Property description
These units are comprised within a single commercial building that has been subdivided by the vendors for a mix of their own occupation and letting purposes. It has blockwork elevations under a mix of a pitched roof on steel trusses and a flat roof which was renewed in 2022.
There is parking to the front of the building and a good- sized yard to the rear which offers scope for more parking or storage. Units 3A, 3B and 3C are all occupied. The plot is approximatlery 0.68 acres.
Unit 3 will be vacated on the completion of the sale and will then be available for a new owner to occupy or to let and secure further income.
Industrial investment
Situated on an established and popular industrial estate
Easy access to the main A39 Atlantic Highway
For sale due to retirement of the owners & available for the first time in over 40 years
3 units let & one with vacant possession (due to the owners retiring)
Existing tenants paying a rent of £37,366 p.a.
equating to an average rent of £6.04 sq ft
At £6 psf vacant premises adds another £24,500 p.a.
Guide price £795,000 reflecting a net yield of 7.38% after an allowance for purchase costs of 5.48% & assuming Unit 3 is let at £6 psf
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