Sold
Property types
Investment
Square foot size
3861
20-21 Batten Road Downton Business Centre, Salisbury
Offers in excess of £342,500
Downton Business Centre, Downton, Salisbury, SP5 3HU
- Industrial units with associated loading areas and secure yard
- Freehold
- Let on a single lease to Hop Back Brewery plc for a term of 10 years from 7 January 2018
- Passing Rent of £24,000pa
- Upwards only rent review to OMV on 7 January 2023
- Tenant’s break option on 24 December 2022 subject to the service of 9 months notice
- Offers in excess of £342,500 subject to contract and exclusive of VAT
- Net Initial Yield of 6.75% after purchaser’s costs of 3.74%