We have been instructed by National Friendly to seek a purchaser for their modern warehouse on Bardon 22 at Coalville in Leicestershire. Comprising a warehouse of 30,700 sq ft, the property is let to Pura Bathrooms Limited on a new 10 year lease from May 2015 at an initial rent of £146,000 per annum exclusive (£4.75 per sq ft).
Offers are sought in excess of £1,900,000 subject to contract reflecting a net initial yield of 7.25%.
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