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Unit D, Poplar Park, Cabot Park, Avonmouth, BS11 0DD

not specified / Industrial

Withdrawn - Last updated: 12 April 2023

Located in Avonmouth, the prime distribution and commercial centre for the south west.Modern freehold distribution unit of 50,167 sq ft (4,660 sq m) GIA.Single let unit to Elemis Limited with a 10.7 year unexpired lease term to expiry and 5.7 years to break.Strong 4A1 D&B covenant.Current passing rent of £325,981 per annum reflecting an overall rate of £6.50 per sq ft (£69.90 per sq m).Offers sought in excess of £4,725,000 which reflects a net initial yield of 6.52%, assuming standard purchaser's costs of 5.8%.

Location

Unit D, Poplar Park, Cabot Park, Avonmouth , BS11 0DD, South West


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