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Nexus Ct 4,998 SF Industrial Condo Unit Offered at $957,259 in Brockworth GL3 4AG
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 | $957,259 ($191.53/SF) | $67,008.16 |
Unit A1
| Unit Size |
| 4,998 SF |
| Condo Use |
| Industrial |
| Price |
| $957,259 ($191.53/SF) |
| NOI |
| $67,008.16 |
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Unit A1
| Unit Size | 4,998 SF |
| Condo Use | Industrial |
| Price | $957,259 ($191.53/SF) |
| NOI | $67,008.16 |
| 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
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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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Nexus Ct
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