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Howdens

Unit 2A, Inverbreakie Industrial Estate, Invergordon, IV18 0QR

£580,000


• 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