INDUSTRIAL INVESTMENT
• SALE & LEASE BACK TO ESTABLISHED ELECTRONICS MANUFACTURER
• 10 YEAR LEASE AT £80,000 P.A.
• GUARANTEED RENTAL INCREASES
• NET INITIAL YIELD – 9.0%
Location
Located in Southfield Industrial Estate – one of major commercial districts in Glenrothes.
Estate accessed via B921 dual carriageway connecting to A92, principal arterial route through Fife linking Dundee with Dunfermline and M90 – convenient access to Queensferry Crossing and wider Scottish motorway network.
Accommodation
Standalone industrial/manufacturing facility formed from two interconnected units.
Dedicated secure yard and car parking facilities.
Extensively fitted out for production of electronic components and includes warehouse for storage/distribution with ancillary office accommodation.
Terms
Offers over £825,000 are invited for the investment, which represents a net initial yield of 9.0%, assuming purchaser’s costs of 7.2%.
Specification
A new full repairing and insuring lease to Quality Precision Electronics Ltd will commence on completion of the transaction:
10 year lease - rent over the initial period will be £80,000 per annum.
Fixed increase from the 5th anniversary of the date of entry. Revised rent will be geared to CPI or similar, with a collar and cap of 2%/4% per annum compounded.