BUY A TENANTED UNIT FOR LESS THAN VACANT POSSESSION VALUE

Investment News

Acting on behalf of Wilson Bowden Developments FHP are offering Building 4c Blenheim Park. The 25,437ft² 2007 built warehouse sits on their 33 acre development.

The asking price of £1,366,000 reflects a net initial yield of 10% on a capital value of £54 per ft²

Falcon Panel Products (the Tenant) have posted robust financial results during the economic downturn.

John Proctor, acting on behalf of WBD, confirmed:-

“Whilst the unit only has 5.5 years remaining on the lease I can see the reason as to why somebody should buy this property as the property can be bought for a lower capital value than we would achieve if we were to sell the property with vacant possession”.

For further information contact John Proctor at FHP on 0115 950 7577