Unit 11, Bamfurlong Industrial Park, Cheltenham, Gloucestershire, GL51 6SX
£172.28 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
10,100 sq ft
938 sq m
- SECTOR
Distribution warehouse for sale
Key features
- Airport
- Investment
Description
• Situated on Bamfurlong Industrial Park, strategically located between Cheltenham and Gloucester.
• Modern warehouse unit totaling 10,100 sq ft.
• Large self contained yard on a site of 0.67 acres
• Unit recently fully refurbished to include a new roof and cladding.
• The property will be sold with a new 999 year lease at a peppercorn rent.
• Let on a new 5 year lease to AGD Systems Ltd
• Rent of £130,000 per annum (£11.55 psf) and rents achieved elsewhere on the park have exceeded £14.00 psf.
• We are instructed to seek offers of £1,740,000 reflecting a net initial yield of 7.00% assuming purchasers costs of 6.80%.
Situated approximately 3 miles to the west of Cheltenham town centre, Bamfurlong Industrial Park occupies a strategic location being only 2.5 miles to the north of Junction 11 of the M5 motorway at its intersection with the A40 which links Cheltenham and Gloucester.
The GCHQ campus is situated adjacent to the north eastern boundary a short distance to the east, and the estate lies immediately adjacent to the northeast boundary of Gloucester Airport. Bamfurlong Industrial Park is accessed directly via the B4063, and sits between Staverton Technology Park and Meteor Business Park.
Brochures
Unit 11, Bamfurlong Industrial Park, Cheltenham, Gloucestershire, GL51 6SX
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cheltenham Spa Station2.6 miles
- Gloucester Station4.1 miles
Notes
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