Multi-let reversionary industrial estate

Strategically located in a highly prominent position on Tregwilym Road linking to Newport Town Centre via the B4591. The property comprises five well specified industrial units, totalling 175,397 sq ft (GIA) with ancillary yard, loading and parking areas. The property is let to four secure tenants and benefits from a WAULT of 7.8 years to lease expiries and 3.3 years to lease breaks. Extremely low passing rent of £739,040 per annum (£4.21 per sq ft). Reversionary rental tone, with prime rents in Newport standing at c.£8.75 per sq ft. Low site density of just over 22% on 18.36 acres.