- Advert ID: 546430
- (Seller ref: 8941)
Ref Caerphilly Wales Ind Inv Leasehold For Sale
- Location:
-
- United Kingdom
- > Wales
- > Gwent
- > Caerphilly
- > Caerphilly
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Summary
- Asking price:
- £5,500,000
- Sales revenue:
- Available on request
- Net profit:
- Available on request
Business description
The property comprises an industrial complex of three buildings (1,2 and 9) on two sites with a total floor area of 107,285 sq ft and total site area of 4.74 acres. The property is let to Tenneco packaging limited on three Separate co-terminus leases for 25 years from 29th December1995 at a total combined rent of £375,000 p.a. (3.5 per sq ft overall) There are 5 yearly upward only rent reviews and the next review is 25th December 2010. The lease is guaranteed by Tenneco Inc. (From 2010 inclusive, the Rent Review is Market Rent). Offers are invited in the region of £5.5 Mn giving you a gross return of 6.8% and a net return of 6.4%
Property information
- Property:
- Leasehold
Contact the seller
need to search again?
- United Kingdom
- > Wales
- > Gwent
- > Caerphilly
- > Caerphilly
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