Well let investment located in an established business location, close to Abingdon town centre. Comprises 4 industrial units which have been combined.
Circa 7 years unbroken unexpired term
Fixed rental increase
Offers in excess of £400,000
Showing NIY of 7.56%
Future Asset Management opportunities
Units 7/10 Fitzharris Industrial are located on the established Wootton Road Industrial Estate situated on the Wootton Road and leading to the centre of Abingdon. Abingdon is a medium sized market town situated in Oxfordshire and located to the South of Oxford. Abingdon boasts good connectivity being adjacent to the A34 dual carriageway which links the M40 and M4 motorways to the north and south respectively.
In addition, there are mainline rail links from Didcot Parkway and Oxford main station which link to Paddington with the newly opened Oxford Parkway which links direct to Marylebone. All stations link to London within an hour. Oxford is otherwise approximately 8.2 miles away and Didcot is 7.4 miles to the south.
Abingdon offers a good range of amenities including retail parks and has a good sized town centre with a number of retail and leisure offerings including Fat Face clothing and Costa coffee shops.
Terms & Conditions
The premises are available on a freehold basis, subject to the existing tenancy.
Offers are invited in excess of £400,000 (Four hundred thousand pounds) representing a Net Initial Yield of 7.56% accounting for purchasers costs at this level.