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Nexus Ct 4,998 SF Industrial Condo Unit Offered at $966,079 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 A1
| Unit Size | 4,998 SF | Sale Type | Investment |
| Price | $966,079 | Tenure | Freehold |
| Price Per SF | $193.29 | Cap Rate | 7.00% |
| Condo Use | Industrial | NOI | $67,625.51 |
| Unit Size | 4,998 SF |
| Price | $966,079 |
| Price Per SF | $193.29 |
| Condo Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 7.00% |
| NOI | $67,625.51 |
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%.
Property Facts
| 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
Presented by
Nexus Ct
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