Stuart Close Trade Park, Penarth Road, Cardiff
Cardiff, CF11 8QF

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Nick Lawley

The Agent

Nick Lawley
Director

02920 346333
Caryl Howell

The Agent

Caryl Howell
Senior Surveyor

02920 346353
Brochure

Download the Brochure

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Specification

  • INVESTMENT GENERAL, INVESTMENT INDUSTRIAL, INVESTMENT WAREHOUSE
  • 73,356 sqft (6,815 sqm)
  • For sale
  • £4,880,000

Description

Multi-let Trade Park Investment located in Cardiff, the capital city of Wales within a well established industrial/trade counter area

Seeking offers of in excess of £4,880,000 (Four Million, eight hundred and eighty thousand pounds) subject to contract and exclusive of VAT.  A purchase at this level reflects a Net Initial Yield of 6.12%, subject to purchaser’s costs of 7.36 and a low capital value of £67 psf.  This reflects a NIY of 6.50% on Units 3-10 and NIY of 5% on Units 1-2.

Cooke & Arkwright for themselves and for the vendor/lessor of this property whose agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars are made without responsibility on the part of Cooke & Arkwright for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact. 3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor/lessor does not make or give and neither Cooke & Arkwright nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services. 5. All terms quoted exclusive of VAT unless otherwise stated. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.