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Unit 6 Atlantic Trading Estate, BARRY CF63 3RF

Type
Industrial/Warehouse, Investment
Size
14,028 sq ft (1,303 sq m)
Tenure
Freehold
Price
Guide Price £750,000

14,028 sq ft (1,303 sq m) of buildings on 3.28 acres. Industrial open storage site a mixture of concrete and tarmacadam with numerous buildings arranged across the site. Leased to Atlantic Tank Clean Barry Ltd with approx. 17yrs unexpired next break Oct 2028 with subsequent breaks every 5yrs. Low passing rent of £50,000 pa with 5 yearly RPI reviews capped at 5% annually. Guide price £750,000 excl. of VAT, reflecting a NIY of 6.34% (allowing for purchaser's costs at 5.17%) [TOGC].

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