Expleo UK Limited - Investment Opportunity
Club Court, Club Street
Size:
50,745 SQ.FT.
on a site area of 2.54 acres
Key Features
- Investment opportunity
- Located in an established industrial estate
- Freehold industrial and office facility totalling approximately 50,745 sq ft (4,714.4 sq m)
- Site area of approximately 2.54 acres (1.03 hectares)
- The property is leased to Expleo UK Limited for a term of 10 years
- Lease expiry 5th April 2029
- 2025 tenant break option not exercised
- Current annual rental of £296,991.72 per annum agreed at April 2025 rent review
- Rent equates to £5.85 per sq ft
- Offers are sought in the region of £3,000,000 (Three Million Pounds) subject to contract and exclusive of VAT.
- A purchase at this level reflects a Net Initial Yield of 9.3% after costs, which equates to £59.11 per sq ft.
Rick Davies