Commercial property For Sale
Single Let Industrial Investment : Pentland House, Saracen Close, Gillingham Business Park, Gillingham
Property > Commercial > Property For Sale in Gillingham
Summary
South east industrial investment located on the renowned Gillingham Business Park
Single let 19,316 sq ft warehouse
Fully let to STI Line Ltd with a lease expiring in August 2019
Gross rental income of £138,000 per annum, reflecting £7.14 per sq ft and a net income of £112,029.17
We are instructed to seek offers in excess of £1,321,000 subject to contract and exclusive of VAT. A purchase at this level would reflect a net initial yield of 8%, assuming purchaser’s costs of 6.005%, reflecting a capital value of £68.38 per sq ft
Gallery
Done
Transport
Airport
Bus Station/Stop
Tube Station
Train Station
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