Square foot size
Unit 4e Elliott Road, Bournemouth
Unit 4e Elliott Road, West Howe Industrial Estate, Bournemouth, BH11 8LN
- Industrial/Warehouse of 8,350 sq ft with substantial secure yard
- Site area 0.51 acres which represents a low site coverage of 37%
- Let to Strukta Group Limited (Experian – 100 Very Low Risk)
- Tenant in occupation since 2013
- £68,755 per annum exclusive, £8.23 per sq ft
- Potential reversion to 7.4% on basis of increasing ERV to £85,000 pax
- Low capital value of £130 per sq ft
- Net Initial Yield of 6% assuming purchaser’s costs of 5.83%
- VAT Elected
- FRI Lease, subject to schedule of condition
FOR SALE – REVERSIONARY INDUSTRIAL INVESTMENT WITH LOW SITE COVERAGE
The property comprises a detached factory/warehouse building set in a prominent corner position with a substantial adjoining secure yard area.
The detached building is of blockwork inner, brick outer construction with cladding to upper elevations supported upon a steel portal frame with a pitched insulated steel roof incorporating day light panels. There are 2 concertina loading doors in the side elevation. Internally, the property incorporates male and female toilet facilities and has an internal eaves height of 3.5m.