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Investment Highlights
- Prime south west location on Gloucester Business Park
- Let to Adnet Precision Engineering Ltd on a 10-year FRI lease (expiry 2034, break 2029)
- Established engineering manufacturer serving aerospace, defence and high-tech sector
- Modern end-terrace industrial unit totalling 4,998 sq ft
- Passing rent £52,479 pa reflecting £10.50 psf with upward-only reviews
- Gloucester industrial market: tight supply, strong demand, continued rental growth
Executive Summary
Unit A1 comprises a modern end of terrace industrial warehouse unit of steel portal frame construction with block/clad elevations beneath a double skinned roof.Access is via a sectional overhead loading door to the front elevation. The unit benefits from an internal eaves height of approximately 6.5 metres. The first floor offices are accessed from a ground floor lobby and pedestrian entrance door. Externally there is a service yard to the front with 8 parking spaces including 1 x EV charging point.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Cap Rate | 7.00% |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| Tenure | Freehold |
Description
Modern end-terrace industrial unit totalling 4,998 sq ft.
Sale Notes
The freehold of this industrial investment opportunity is available for the guide price of £712,000 providing a yield of 7%.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit A1 | 4,998 SF | Industrial | $953,720 ($190.82/SF) | $66,760.43 |
Unit A1
| Unit Size |
| 4,998 SF |
| Condo Use |
| Industrial |
| Price |
| $953,720 ($190.82/SF) |
| NOI |
| $66,760.43 |
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Unit A1
| Unit Size | 4,998 SF |
| Condo Use | Industrial |
| Price | $953,720 ($190.82/SF) |
| NOI | $66,760.43 |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| Tenure | Freehold |
| Description | |
| Modern end-terrace industrial unit totalling 4,998 sq ft.</li></ul> | |
| Sale Notes | |
| The freehold of this industrial investment opportunity is available for the guide price of £712,000 providing a yield of 7%.</li></ul> |
Property Facts Sale Pending
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 16,369 SF | Typical Floor Size | 8,185 SF |
| Property Type | Industrial (Condo) | Year Built | 2004 |
| Property Subtype | Warehouse | Lot Size | 1.00 AC |
| Building Class | B | Parking Ratio | 0.12/1,000 SF |
| Floors | 2 |
| Total Building Size | 16,369 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 8,185 SF |
| Year Built | 2004 |
| Lot Size | 1.00 AC |
| Parking Ratio | 0.12/1,000 SF |
Amenities
- Security System
- Accent Lighting
- Automatic Blinds
- Storage Space
Utilities
- Lighting
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Matterport 3D Exterior
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Photos
Street View
Street
Map
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