Confidential Investment Sale, Pitronnerie Road, For Sale

, £1,675,000
, St Peter Port, Commercial,

Key Features

  • Freehold for sale with occupational leases.
  • Total ERV of £125,000 p.a.
  • Gross yield of 7.2% after purchaser's costs.
  • Asking price £1,675,000
  • 12329 Sq Ft

Property Description

This confidential instruction comprises a large, Light Industrial premises in one of St Peter Port's prime industrial estates. The accommodation is let to a number of individual tenants and the lettable space totals 10,745 sq ft. Producing £116,546 per annum, with an Estimated Rental Value for one vacant area at £9,000 per annum. The total annual rent of £125,546 will provide a gross annual yield of 7.2% after purchaser's costs of 4%.

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