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Quarry Crest - Pennygillam Industrial Estate, Launceston, CON

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Pennygillam Industrial Estate Quarry Crest

Launceston, PL15 7ED

Property type:Industrial Sub type:Warehouse Status:Existing Year built:1972
Building size:30,292 sq ft Land area:.71 AC (30,928 SF)
Eaves height:- Loading docks:-
For sale price:£1,250,000 Price:£41.27 sq ft
Yield:7.03 %
Sprinklers:- Drive in bays:4 tot.
Amenities:Fenced Lot, Roller Shutters

The property comprises a single storey terrace of industrial units. The building is of steel frame construction with an insulated profile sheet roof and clad walls. The property is located on Pennygillam Industrial Estate, Launceston with good access to the A30.

Sale Notes:
The investment comprises Units 4a, 4b, 4c, 4d, and 4e of Pennygillam Industrial Estate which is Launceston's largest. The units are fully occupied and currently produce a rental income of £93,000 per annum with scope to rise to £108,000. The freehold interest for the investment is £1,250,000, reflecting a yield of 7.03 %.

Stratton Creber Commercial
Chris Ryland

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