• Modern high bay Warehouse with GIA 184,687 sq ft.
  • Minimum eaves 10.08M.
  • Secure docks link.
  • Single let to CMC UK Limited with a guarantee from strong covenant of Commercial Metals International GmbH.
  • Producing £650,000 p.a topped up, reflecting £3.52 per sq ft.
  • New re-geared lease from 1st October 2011 expiring 31st August 2022, subject to a tenant only 5th year break option (6months notice and £400,000 break penalty).
  • Offers are sought in excess of £6,250,000 subject to contract and exclusive of VAT which reflects a net initial yield of 9.83% subject to purchasers costs of 5.8%.
  • Low Capital Value of £33.84 per sq ft.
  • Knight Frank selling agents.