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£2,200,000

Expressway Business Park, St Asaph Road, Bodelwyddan, LL18

Land size
0.9 acres

Key Features

  • Reversionary Investment Opportunity
  • Located in an established industrial estate
  • Self-contained industrial / warehouse and office facility totalling approximately 39,165 sq ft (3,638.6 sq m)
  • The property is leased to Carlsberg Marston's Brewing Company Ltd for a term of 35 years, expiring 18th September 2029
  • Current annual rental of £150,000 per annum equates to a low passing rent of £3.83 per sq ft. Rent review outstanding.
  • Estimated rental value of £5.00 per sq ft
  • Offers are sought in the region of £2,200,000 (Two Million, Two Hundred Thousand Pounds) subject to contract and exclusive of VAT.
  • A purchase at this level reflects a Net Initial Yield of 6.41% after costs, and a reversionary yield of 8.37% after costs, which equates to £56.17 per sq ft.

Description

Reversionary Investment Opportunity
Located in an established industrial estate
Self-contained industrial / warehouse and office facility totalling approximately 39,165 sq ft (3,638.6 sq m)
Site area of approximately 2.81 acres (1.14 hectares)
The property is leased to Carlsberg Marston's Brewing Company Ltd for a term of 35 years, expiring 18th September 2029
The property has been sublet to Plastecowood until 17th September 2029
Current annual rental of £150,000 per annum equates to a low passing rent of £3.83 per sq ft. Rent review outstanding.
Estimated rental value of £5.00 per sq ft
Offers are sought in the region of £2,200,000 (Two Million, Two Hundred Thousand Pounds) subject to contract and exclusive of VAT.
A purchase at this level reflects a Net Initial Yield of 6.41% after costs, and a reversionary yield of 8.37% after costs, which equates to £56.17 per sq ft.

Property details

Tenure
Freehold
Council Tax Band
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Date Posted
2026-01-29

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Property Features

Accessibility
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Parking
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Garden
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Enquire about this property

Contact DAVIES HARRISON LIMITED, Manchester

The Mission, 2nd Floor, 50 Bridge Street, Manchester M3 3BW

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