CQR Security Limited - Investment Opportunity
125 Pasture Road, Moreton
Size:
37,812 SQ.FT.
on a site area of 1.57 acres
Key Features
- Industrial investment opportunity
- Leased to CQR Security Limited who have been in occupation since 2008
- Lease expiry of 2038
- Tenant only break dates of 2nd May 2028 and 2nd May 2033
- Current annual rental of £207,000 per annum equates to passing rent of £5.47 per sq ft
- Offers are sought in the region of £1,900,000 (One Million, Nine Hundred Thousand Pounds) subject to contract and exclusive of VAT
- A purchase at this level reflects a Net Initial Yield of 10.25% after costs, which equates to £52 per sq ft
- Self-contained industrial / warehouse and office facility totalling approximately 37,812 sq ft (3,512.8 sq m)
- Site area of approximately 1.57 acres (0.64 hectares)
Rick Davies