Summary - UNIT 5, DEVONSHIRE MEADOWS, BROADLEY PARK ROAD PL6 7EZ
1 bed 1 bath Commercial Property
Established let with RPI-linked income in a modern business park.
Produces £16,000 per annum from established tenant since 2010
Lease includes annual RPI-linked rent increases
Gross internal area 1,615 sq ft; practical warehouse footprint
Minimum eaves height 5m; concrete floor and steel portal frame
Roller shutter 4m high x 4m wide; good vehicle access
Allocated off-street parking within landscaped business park
Assumed purchaser costs 2.47% — quoted yield 6.94% sensitive to costs
Tenure unspecified and broadband speeds are very slow
A single-storey industrial unit in Devonshire Meadows, generating £16,000 pa from an established tenant in occupation since 2010. The lease includes annual RPI-linked increases, which supports future income growth and underpins the quoted 6.94% yield (based on purchaser costs of 2.47%). The building’s steel portal frame, minimum 5m eaves and concrete floor give practical, flexible warehouse space suitable for storage, light manufacturing or distribution.
Practical access and vehicle circulation are strong positives: a 4m high by 4m wide roller shutter, allocated off-street parking and landscaped shared grounds make deliveries and servicing straightforward. The site is in a modern, managed industrial park with low local crime, no flood risk, and excellent mobile coverage — useful for operational connectivity.
Buyers should note a few material limitations. Tenure is not specified in the details provided, and broadband speeds are very slow, which could matter for occupiers needing high-capacity internet. The price and yield assume purchaser costs of 2.47%; any different cost base will change the net initial yield. The unit offers steady income rather than immediate value-add potential, so it suits investors seeking secure rental cashflow rather than active redevelopment opportunities.
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