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More details for Baird Rd, Quedgeley - Industrial for Sale

Baird Rd

Quedgeley, GL2 2AF

  • Industrial for Sale
  • £1,500,000
  • 14,876 sq ft
  • 1 Unit Available
  • Energy Performance: D

Quedgeley Industrial for Sale - Gloucester

Seeking offers in excess of £1,500,000 (One Million Five Hundred Thousand Pounds). A purchase at this level would reflect 6.28% NIY with potential reversion to around 9.35% (allowing for purchaser’s costs at 6.10%) and capital value of £100 per sq ft. The property is fully let on FRI terms to Direct Online Services Limited on a 10 year lease from 1st July 2018 expiring 30 June 2028, leaving approximately 3 years unexpired. The rent passing is £100,000 per annum, reflecting £6.72 per sq ft. The lease is contracted outside the act. The tenant owns and occupies the adjoining Units 8 & 9, as well as the opposing terrace.

Contact:

Alder King LLP

Property Subtype:

Warehouse

Date on Market:

03/07/2025
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