Single Let Industrial Investment Opportunity

Summary

• Situated on Wentloog Corporate Park among other occupiers such as DPD and Aldi.
• 51,800 sq ft Single let industrial unit let to Renold Power Transmission Limited (with a guarantee from Renold PLC).
• New reversionary lease recently signed providing 11 years unexpired (6 years to break).
• Low current passing rent of £218,750 per annum (£4.22 psf).
• Tenant has been in occupation for over 30 years.
• Low overall cap value of £59.85 psf.