Reversionary Industrial Investment Producing £186, 000 Pa Let On 30 June 2039, Bangor, BT19

Additional Information

• Modern high bay factory, warehouse and offices with a gross internal area of 49,353 sqft (4,585 sqm). See later section regarding Tenants mezzanine installation
• Parking for c.50 vehicles
• Term: c.14 years and 3 months to lease expiration
• Rent passing £186,000 pa
• Site area: 2.08 acres (0.84 Ha)
• Let at a low rent PSF but with rent reviews linked to RPI in July 2029 and July 2034

The subject property comprises a modern industrial facility, situated on a shared site, comprising high bay warehouse/ factory, offices and parking. The building is of traditional portal frame construction with brick/block walls, cladding and double skin insulated roof.
• Double height entrance foyer to the offices
• Clear span open plan office
• Range of private offices and meeting rooms
• Tailgate loading bay
• 3 no. further roller shutter door access
• Eaves height to high bay warehouse – 32ft (10m)
NB. Significant works were undertaken by the Tenant to enhance the floor area with the installation of Mezzanine space. This additional floor space is to be treated as a ‘Tenants Improvement’ and as such does not form part of the rent calculation.