Property overview

Easy Bathrooms, Unit 1A, Tungsten Park, Wellington Road, Brackley, NN13 6RE


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Oct 2023

Please find enclosed details of a prime, modern trade counter investment opportunity we have been instructed to market. The salient details are:

  • Newly constructed trade counter unit
  • GIA of 5,000 sq. ft. (465 sq. m.)
  • Let to Cubico (UK) Limited, trading as Easy Bathrooms
  • 10-year lease with no breaks, expiring 24/07/2032
  • Initial income of £60,000 per annum, which equates to a reversionary rent of £12.00 per sq. ft.
  • Upward only open market rent review in year 5
  • Freehold

Offers sought in excess of £945,000 subject to contract and exclusive of VAT. A purchase at this price would equate to a Net Initial Yield of 6.00%, assuming standard purchaser’s costs of 5.73%.