Pendre Industrial Estate, Twywn

Tywyn, LL36 9LW

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Acquired
Pendre Industrial Estate, Twywn
Price £1,675,000
Rent (pa) £124,595
Yield 7.01%

Investment Summary

  • Multi let industrial estate in the mid-Wales coastal town of Tywyn
  • 14 units let across 8 separate leases
  • Majority let to strong tenant in Brighter Foods Limited
  • Total area of 37,128 sq ft
  • Large site of 4.06 acres, with just 23% coverage
  • Total rental income of £124,595 per annum
  • This breaks down to just £3.35 psf
  • AWULT of 7.1 years to expiry, 3.1 to breaks
  • Freehold
  • Offers in excess of £1,675,000
  • Represents a net initial yield of 7.01%
Town Tywyn
Postcode LL36 9LW
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