Details.
Offers in excess of £5,930,000 are invited, subject to contract and exclusive of VAT, for the freehold investment in two modern warehouse units extending to approximately 38,992 sq ft GIA. The units are let to Saddleback Ltd with total passing rent of £348,216 per annum and fixed rent reviews in June and July 2026 increasing the rent to £403,686 per annum. A purchase at this level reflects a net initial yield of 5.50% and a reversionary yield of 6.37%, net of purchaser's costs at 6.80%.