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3A Mount Pleasant Industrial Estate Mount Pleasant Rd 3,880 SF Industrial Building Wisbech PE13 3FF $474,040 CAD ($122.18 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Gross Initial Yield of 6.25%
- Located on established industrial estate
- Reversionary potential (rent increase to £18,000 pa in May 2027)
Executive Summary
The property is an industrial investment opportunity located within the established Mount Pleasant Industrial Estate in Wisbech. It is being sold freehold subject to an existing tenancy, producing a current income of £15,600 per annum, with a reversion to £18,000 per annum in May 2027. The property has been elected for VAT, which will be payable in addition to the purchase price. Each party is responsible for their own legal fees, and a service charge applies for the maintenance of common areas.
Property Facts
| Price | $474,040 CAD | Building Class | C |
| Price Per SF | $122.18 CAD | Lot Size | 0.12 AC |
| Sale Type | Investment | Rentable Building Area | 3,880 SF |
| Cap Rate | 6.25% | No. Stories | 1 |
| Tenure | Freehold | Year Built | 1990 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse |
| Price | $474,040 CAD |
| Price Per SF | $122.18 CAD |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.12 AC |
| Rentable Building Area | 3,880 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Tenancy | Single |
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3A Mount Pleasant Industrial Estate | Mount Pleasant Rd
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