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Industrial Unit

Industrial Unit For Sale Wadebridge

PROPERTY ID: 115033

PROPERTY TYPE

Industrial Unit

STATUS

Available

SIZE

9,984 sq.ft

Key Features

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

Property Details

The Trenant industrial estate is a well-known location on the eastern side of Wadebridge and is host to a wide range of occupiers. Wadebridge is a popular North Cornwall town located just off the A39 Atlantic Highway with Bodmin and the main A30 just 7 miles away and Padstow 8 miles distant. It is well situated for the very popular cycle way The Camel Trail which links Padstow and Bodmin.

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 Approximately 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.

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About the Agent

Vickery Holman

See Agent's Other Properties

Industrial Unit

£795,000 Freehold

Unit 3 3A 3B & 3C Trenant Industrial Estate, Wadebridge, PL27 6HB
Industrial Unit - Available
9,984 sq ft
928 sqm
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