Industrial Unit For Sale, Swadlincote

Key Features

• Strategically situated on an established industrial Estate. Located midway between the A38 and A42 providing excellent connection to the wider road network.
• Freehold
• New 10-year FR&I lease from 22nd August 2019 to Tosca Supply Chain Solutions Uk Ltd, a 100% owned subsidiary of Tosca Belgium BV, and a global leader in reusable plastic packaging and performance pooling solutions. Tosca Belgium are Guarantor to the lease
• Current rent £225,000 per annum reflecting only £4.30 psf.
• A conservative ERV of £5.00psf provides a reversion to £261,650pa.
• Offers in excess of £2,700,000 (Two Million, Seven Hundred Thousand Pounds). A purchase at this level reflects an attractive net initial yield of 7.83%, with a potential reversion to 9.11% assuming usual purchaser’s costs and a capital value of only £51.60psf applying half rate to the canopy.

Property Details

Location