Sold
Property types
Investment, Industrial / Warehouse
Square foot size
5610
Unit 1 Nova Business Centre, New Milton
Offers in excess of £500,000
Unit 1 Nova Business Centre, Gore Road Industrial Estate, New Milton, BH25 6SA
- 10 year FRI lease from 22 April 2015, new reversionary lease signed for a term of 5 years from 21 April 2025
- Term certain of 9.6 years, no break options
- Passing rent of £35,000 pa (£6.24 psf)
- Offers in excess of £500,000, subject to contract
- Net initial yield of 6.7% assuming purchasers costs of 4.7%