Detached industrial investment property

Detached industrial investment property located in the Vale Business Park, extending to approximately 2109 sqft (196sqm). Currently let for £12,000pa representing a Gross Initial Yield of 13.3%. This portal frame unit is located in the Vale Business Park, just outside Cowbridge in the Vale Of Glamorgan. Constructed of metal frame with breeze block and brick lower walls and cladded upper walls with a metal cladded roof. To the rear of the unit there are two roller shutter style doors opening to a storage yard which is accessed via a metal gate. We understand the unit is currently rented to Silmix Ltd. The current rent we have been advised is £12,000 PA and with a lease to 24/4/29 with a break option at 25/4/27 but please consult the legal pack when available for confirmation of all tenancy details and tenure. Vale Business Park benefits from on-site security, designated parking, and excellent vehicle access designed for logistics and is situated near the Llandow Circuit and is just a few miles from the Aston Martin, St Athan production facility. Accommodation comprises: Ground floor - entrance, office, workshop, toilet, two warehouse style areas with roller shutter style doors. First floor - three offices, kitchen & W.C. Informed Freehold – please refer to legal pack for verification of tenure.