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Faits saillants de l'investissement

  • Fully fitted mid-terrace warehouse with ground floor workshop and first-floor offices.
  • Attractive net initial yield of 7.82% before purchaser costs.
  • Current rent £21,495 per annum with lease expiring in 2030 (tenant break in 2028)

Résumé de l'annonce

The subject property is located within Woodside Industrial Estate off Works Road in Letchworth, Hertfordshire. This established business location lies approximately 1.5 miles from Junction 9 of the A1(M), offering efficient routes to the M1 and Cambridge via the A505. The unit is part of a modern estate development comprising 26 similar properties and features a combination of production space and fitted office accommodation. There is on-site parking and the estate is positioned within easy access to Letchworth Garden City town center and its rail services to London Kings Cross.

1 Unité disponible

  • Unité
  • Taille de l’unité
  • Utilisation du condo
  • Prix
  • Revenu net d’exploitation
  • Unité 11
  • 1 611 pi²
  • Industriel
  • 512 957 $ CAD (318,41 $ CAD/pi²)
  • 40 094,60 $ CAD
Type de vente Investissement
Taux de capitalisation 7,82%
Ancienneté Pleine propriété / Bail à long terme
Description
Unit 11 is a full height end of mid-terrace warehouse / production unit which has been substantially fitted out with a mezzanine storage floor (removable if not required) and fully fitted well specified first floor offices and ground floor
workshop space.
Notes sur la vente
This investment opportunity comprises Unit 11 within Woodside Industrial Estate, a modern development of 26 units in Letchworth, a well-established commercial hub in North Hertfordshire. The property is a mid-terrace, full-height warehouse/production unit, fully fitted with ground floor workshop and first-floor office accommodations. It has also been enhanced with a mezzanine storage floor, which is removable if not required.
Unit 11 is currently let to PW Resistance Welding Products Limited on a five-year lease commencing December 19, 2025, generating a passing rent of £21,495 per annum exclusive. The lease includes a tenant break option on December 19, 2028, and is supported by a security deposit. The asset offers a 7.82% yield before purchaser costs, making it an attractive proposition for investors seeking a stable income stream in a sought-after industrial location.
Woodside Industrial Estate provides excellent connectivity via Junction 9 of the A1(M) and the A505 trunk road, allowing efficient access to the M1, Cambridge, and East Anglia. Letchworth also benefits from direct rail services to London Kings Cross. Secure this property as a long-term income-producing investment in a region with strong occupational demand.
Unité Taille de l’unité Utilisation du condo Prix Revenu net d’exploitation
Unité 11 1 611 pi² Industriel 512 957 $ CAD (318,41 $ CAD/pi²) 40 094,60 $ CAD

Unité 11

Taille de l’unité
1 611 pi²
Utilisation du condo
Industriel
Prix
512 957 $ CAD (318,41 $ CAD/pi²)
Revenu net d’exploitation
40 094,60 $ CAD

Unité 11

Taille de l’unité 1 611 pi²
Utilisation du condo Industriel
Prix 512 957 $ CAD (318,41 $ CAD/pi²)
Revenu net d’exploitation 40 094,60 $ CAD
Type de vente Investissement
Taux de capitalisation 7,82%
Ancienneté Pleine propriété / Bail à long terme
Description
Unit 11 is a full height end of mid-terrace warehouse / production unit which has been substantially fitted out with a mezzanine storage floor (removable if not required) and fully fitted well specified first floor offices and ground floor<br> workshop space.</li></ul>
Notes sur la vente
This investment opportunity comprises Unit 11 within Woodside Industrial Estate, a modern development of 26 units in Letchworth, a well-established commercial hub in North Hertfordshire. The property is a mid-terrace, full-height warehouse/production unit, fully fitted with ground floor workshop and first-floor office accommodations. It has also been enhanced with a mezzanine storage floor, which is removable if not required.<br> Unit 11 is currently let to PW Resistance Welding Products Limited on a five-year lease commencing December 19, 2025, generating a passing rent of &#163;21,495 per annum exclusive. The lease includes a tenant break option on December 19, 2028, and is supported by a security deposit. The asset offers a 7.82% yield before purchaser costs, making it an attractive proposition for investors seeking a stable income stream in a sought-after industrial location.<br> Woodside Industrial Estate provides excellent connectivity via Junction 9 of the A1(M) and the A505 trunk road, allowing efficient access to the M1, Cambridge, and East Anglia. Letchworth also benefits from direct rail services to London Kings Cross. Secure this property as a long-term income-producing investment in a region with strong occupational demand.</li></ul>

Faits sur la propriété

Les caractéristiques et les équipements suivants s'appliquent à l'ensemble du bâtiment. Les détails relatifs aux unités de copropriété individuelles peuvent varier et figurent dans les informations concernant les unités ci-dessus.
Taille totale du bâtiment 9 126 pi²
Type de propriété Industriel (Condo)
Sous-type de propriété Entrepôt
Classe d’immeuble C
Planchers 3
Superficie de plancher typique 3 042 pi²
Année de construction 1960
Taille du lot 3,74 AC
Ratio de stationnement 1,42/1 000 pi²

Commodités

  • Espace d'entreposage
  • Détecteur de fumée
  • ID d’inscription: 40782956

  • Date de mise sur le marché: 2026-06-04

  • Dernière mise à jour:

  • Adresse: Unit 9-12 Works Rd, Letchworth Garden City SG6 1JT

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