Units C1 & C2 6400, Tewkesbury Business Park, Tewkesbury GL20 8SF
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£700,000
Dec 2024
Acting on behalf of a private pension fund, AP Investment has recently acquired a single let industrial investment on Tewkesbury Business Park.
The two modern units extend to 6,640 sqft and form part of a wider terrace on a small estate. The units are let to Pivotal Foods Ltd on a lease expiring in May 2031. The tenant has a break option in September 2026, with a break penalty. The rent passing is £55,416 per annum.
The investment was acquired for £700,000 reflecting an initial yield of 7.52%.
John Ryde Commercial acted for the vendor.
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