filters
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Tenure
For Sale -
Type
Investment - Industrial/Logistics -
Price
Offers in Excess Of £2,600,000 -
Size
33,061 Sq Ft -
Ref No
15190
Property Highlights
- Good Quality Logistics Warehouse extending to 3,071.5 sq m (33,061 sq ft)
- Let to Batt Cables Limited, Credit Safe rating of 92 A
- New 10 year FRI lease with Tenant only 5 year break
- 5 yearly upward only rent reviews to open market value
- Initial rent of £210,000 per annum exc VAT
- Offers in excess of £2.6 million
- A purchase at this level would show a net initial yield of 7.6%
Overview
Industrial/distribution unit located within Deans Industrial Estate, Livingston. The property is a good quality industrial / distribution unit of steel portal frame construction with walls and roof clad in insulated profile metal sheeting. The unit has a minimum eaves height of 4.6m rising to 6.4 m at the apex. Internally the unit has gas fire heating and a single storey cellular office block with kitchen and toilet facilities. The roof of the office block is load bearing and is currently used as a mezzanine for small part storage. The warehouse has ground level access doors on each elevation and two further dock level doors leading onto the secure yard. Pedestrian access is via the office reception.
Externally the yard is concrete with a tarmac entry road and enclosed by palisade fencing with a security gate. There is a car park to the south west of the unit with further car parking along the eastern elevation. The secure yard runs the majority of the western elevation and northern gable end.
The full 2 acre site includes the landscaped area to the south and northeast of the unit. The full Title is available upon request.