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• The property occupies a prominent elevated position within Inverbreakie Industrial Estate
• The subjects comprise a modern standalone warehouse / trade counter unit extending to approximately 10,045 sq ft
• Low site coverage of 30.38%
• Let to Howden …
• The property occupies a prominent elevated position within Inverbreakie Industrial Estate
• The subjects comprise a modern standalone warehouse / trade counter unit extending to approximately 10,045 sq ft
• Low site coverage of 30.38%
• Let to Howden Joinery Properties Limited until 6 February 2027
• Approximately 8 years term certain income
• Clear tenant commitment to the location having moved out their lease expiry until 2027
• Low passing rent of £50,000 per annum (only £4.98 per sq ft)
• Offers in excess of £580,000 exclusive of VAT
• Net initial yield of 8.22%, and a low capital rate of £57.74 per sq ft
