PROPERTIES

Camberley Business Centre, Bracebridge, Camberley GU15 3DP

Price£6,363,000

PDF DETAILS

Camberley Business Centre, Bracebridge, Camberley GU15 3DP

  • Price£6,363,000
  • Income£338,209
  • Yield5%
  • SectorIndustrial
  • StatusAvailable
PDF DETAILS

Modern Reversionary Multi-let Industrial Investment opportunity

Summary

  • Located in Camberley, a key industrial corridor for the south east with direct access to the M3 Motorway.
  • Comprising a modern multi-let industrial estate situated just one minutes’ drive from the A30 and the A331.
  • Total area of approximately 25,690 sqf across 10 units varying in size from 2,000 – 4,000 sq ft.
  • Freehold.
  • Producing a current income of £338,209 per annum.
  • Majority of tenants have been in occupation for over 5 years.
  • Most recent letting on unit 5 and renewals of units 1 and 12 at £15 psf shows the excellent potential for future reversions on the remaining units in the estate.
  • Offers in excess of £6,363,000 (SIX MILLION THREE HUNDRED AND SIXTY THREE THOUSAND POUNDS) Subject to contract and exclusive of VAT.
  • Net initial yield of 5% and a reversionary yield of 5.68% after allowance for purchaser’s costs of 6.63%.