An opportunity to acquire a substantial freehold industrial investment situated on the established Creekmoor Industrial Estate in Poole.
The property extends to approximately 18,333 sq ft (1,703 sq m) and has benefited from significant recent improvements, including the removal of the former asbestos roof and the installation of modern insulated composite cladding.
The premises are let to Twickenham Plating Limited, part of the long-established Twickenham Plating Group, at a rent of £130,000 per annum on a new 10-year Full Repairing and Insuring lease, incorporating an upwards-only open market rent review in 2031 and a tenant break option at year five.
Specialist metal finishing operations have been established at the property since 1947. The Poole facility employs approximately 55 people and has benefited from continued investment in production equipment and environmental infrastructure.
The property occupies a self-contained site with vehicular access and on-site parking.
Freehold investment for sale at £1,850,000, reflecting approximately 7% gross yield. A vendor rent top-up will be provided in respect of any outstanding rent-free period.
