FOR SALE – COMMERCIAL INVESTMENT
Modern Business Units that are rented to National tenant producing a very profitable yield. The current rent is £50,200 per annum (Initial Yield 7.61%) and let to Micovisk Ltd who have strong connections with the health authorities. Close to the A55 junction it has all the attributes for a great commercial investment. The property comprises of 2 business units set in a fine landscaped lakeside setting. The business park is also home to the Welsh Assembly, North Wales Police Headquarters, Greenthumb and Walkin Jones Constrution.
Both units are let on a 10 year lease to Microvisk Ltd with effect from 24th August 2010 with a rent review every 5 years.
Unit 1: 285 sq m 3,067 sq ft
Unit 2: 285 sq m 3,067 sq ft
Total Gross Internal Area: 570 sq m 6,134 sq ft
The property is situated within the popular St. Asaph Business Park which is located just off the A55 Trunk Road on the North Wales Road.
- Commercial Investment
- Rented To National Tenant
- Set In Landscaped Lakeside Setting
- Modern Business Units
- Close to The A55
- Two Business Units
- Address: Units 1&2, St. Asaph Business Park, Clwyd, Wales, LL17 0LJ
- Price: Offers above £625,000
- Status: SSTC