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

    ap@peppercommercial.co.uk
    01392 874209









    Key Contact

    Adam Parsons

    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.