Huws Gray Builders Merchants, Manor Street, BRAINTREE, CM7 3HS
1,941 Sq Mt / Industrial / General Industrial
For Sale
- £1,880,000.00
Available - Last updated: 26 September 2024
20,217 sq ft (1,878 sq m) on 1.78 acres.
Leased to Huws Gray with approximately 40yrs unexpired, no breaks.
Low passing rent of £110,000 per annum with RPI reviews, capped and collared.
Minimal risk with pricing underpinned by site value with vacant possession.
Very strong covenant.
Low site coverage (26%) with long term re-development potential on prominent site subject to a 10yr overage provision.
Offers in excess of £1.88m (£1.88m equates to NIY of 5.51%).
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| Offers Over |
For Sale Freehold
|
£1,880,000.00
| NA |
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