Reversionary Freehold Industrial Investment – Exeter EX4 8JN
Power House, Venny Bridge, Pinhoe, Exeter EX4 8JN
For Sale | Development / Investment
£395,000
Property Size:
Imperial: 7,448 sq ft
Metric: 672.79 sq m
Property ID: 122
Key Features
- Freehold
- Lease producing £20,000 in April 2021
- Low capital value
- Low rental value
Property Details
122 - Power House, Venny Bridge, Pinhoe, Exeter EX4 8JN
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Description
An older industrial unit with it's own secure yard on an established mixed use estate to the east of Exeter. The property is fully let to an established tenant at a low rental of £20,000 (£2.68 p.s.f.) in April 2021. The lease is outside the security of tenure provisions of The Landlord & Tenant Act 1954 Pt II. A clean large unit at a low capital value of £53.03 p.s.f.
Location
Power House, Venny Bridge, Pinhoe, Exeter EX4 8JN
Contact Us
Key Contact
Adam Parsons FRICS
Director
ap@peppercommercial.co.uk
07808 473248
or 01392 874209
Over 30 years experience in the South West Markets with specialities including industrial,offices, logistics and investments.
