Property photos
Retirement
Guide price
£795,000
(£79.63/sq. ft)
Industrial for sale
Trenant Industrial Estate, Egloshayle, Wadebridge PL279,984 sq. ft
Local area information
Property location
Nearby amenities
- Wadebridge School 0.3 miles
- Wadebridge Primary Academy 0.5 miles
- Rock Padstow Ferry Landing 4.8 miles
- Padstow Ferry Landing 5.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Wadebridge to find out more about the local area.
Features and description
- Industrial investment
- Situated on an established and popular industrial estate
- Easy access to the main A39 Atlantic Highway
- For sale due to retirement of the owners & available for the first time in over 40 years
- 3 units let & one with vacant possession (due to the owners retiring)
- Existing tenants paying a rent of £37,366 p.a. Equating to an average rent of £6.04 sq ft
- At £6 psf vacant premises adds another £24,500 p.a.
- Guide price £795,000 reflecting a net yield of 7.38% after an allowance for purchase costs of 5.48% & assuming Unit 3 is let at £6 psf
These units are comprised within a single commercial building that has been subdivided by the vendors for a mix of their own occupation and letting purposes. It has blockwork elevations under a mix of a pitched roof on steel trusses and a flat roof which was renewed in 2022.
There is parking to the front of the building and a good- sized yard to the rear which offers scope for more parking or storage. Units 3A, 3B and 3C are all occupied. The plot is approximatlery 0.68 acres.
Unit 3 will be vacated on the completion of the sale and will then be available for a new owner to occupy or to let and secure further income.
There is parking to the front of the building and a good- sized yard to the rear which offers scope for more parking or storage. Units 3A, 3B and 3C are all occupied. The plot is approximatlery 0.68 acres.
Unit 3 will be vacated on the completion of the sale and will then be available for a new owner to occupy or to let and secure further income.
More information
Listed by
Vickery Holman Property Consultants
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