Property Details

The Property Comprises A Purpose Built 7,750 Sq Ft Multi Let Warehouse Split Into 3 Individual Units. It Is Of A Portal Frame Construction With Brick Elevations. Units 1 And 2 Benefit From A Yard Area Fronting Onto Covert Road, Providing Ample Car Parking. Principal Access For Unit 3 Fronts Onto Cooting Road. Terms Sibley Pares Are Instructed To Sell The Freehold Interest Subject To The Occupational Tenancies. Rent/price Our Clients Are Seeking Offers In The Region Of £775,000 Subject To Contract And Exclusive Of Vat. A Purchase At This Level Would Reflect A Net Initial Yield Of 7.58% And A Potential Reversionary Yield Of 8.20% After Allowance For Sdlt Costs Of 3.76%. Please See The Marketing Particulars For Further Information.