- High quality logistics unit constructed in 1998 and comprehensively refurbished in 2021 providing 31,478 sq ft
- Strategically located between Sheffield City Centre (0.5 miles) and Junction 34 of the M1 Motorway (2 miles), providing the opportunity to acquire a true urban distribution unit
- Comprehensively refurbished in 2021, capital expenditure c. £1.3m
- Excellent ESG credentials and a EPC rating of ‘A’
- Let to Trans Global Freight Management Limited, with a parent guarantee from Trans Global Limited
- Average weighted unexpired lease term of 9.74 years to expiries and 4.74 years to breaks
- Low passing rent of £260,000 reflecting £8.26 per sq ft
- Freehold
- We are instructed to seek offers in excess of £4,250,000 (Four Million, Two Hundred and Fifty Thousands Pounds) subject to contract and exclusive of VAT. A purchase of this level reflects a Net yield of 5.75% and a capital value of £135 per sq ft assuming purchaser’s cost of 6.55%
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