Carbonomics - Industrial for sale in Sheffield

The property is located less than a mile from Junction 31 of the M1. The property comprises a detached industrial unit extending to 22,197 sq ft (2,062 sq m). The site extends to 1.02 acres, reflecting a site coverage of approximately 49.5%. The property will be leased to Carbonomics for a 15-year term upon completion of the sale, subject to a 10th year break option. The lease will be contracted inside the Landlord & Tenant 1954 Act and subject to a schedule of condition. The property will produce a total passing rent of £155,379 per annum, reflecting £7.00 per sq ft. Freehold. Offers invited in excess of £1,820,000 (One Million Eight Hundred and Twenty Thousand Pounds), subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial Yield of 8.00% and a capital value of £82 psf. OVERVIEW Sale and Leaseback Freehold Investment Opportunity As a global commercial real estate services leader with 52,000 professionals worldwide, we will never settle for the world that’s been built, but relentlessly drive it forward for our clients, colleagues and communities.