£2,250,000

Industrial for sale

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Freehold

Guide price

£2,250,000

(£17.51/sq. ft)

Industrial for sale

Unit 2, Wheatfield Road, Dunnikier Business Park, Kirkcaldy, Fife KY1

128,502 sq. ft

Available immediately

Local area information

Property location

Nearby amenities

  • St Andrew's R C High School 0.3 miles
  • St Marie's R C Primary School 0.5 miles
  • Glenrothes with Thornton 1.8 miles
  • Kirkcaldy 1.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Let to Astrak (UK) Limited
  • Lease from November 2021 until November 2031
  • Tenant Break Option November 2026
  • Rent Passing of £180,000 per annum, exclusive
  • Rent Review 17th November 2026
  • Offers invited in excess of £2.25m (Net Initial Yield 7.5%)
  • Reversionary Yield between 8.31% and 8.73%
The subjects comprise a substantial modern detached and extended industrial Warehouse and Office property which is let to Astrak (UK) Limited.

The building is of steel portal framed construction benefitting from insulated metal cladding to walls and roof coverings. There is a high specification and good quality, two storey administration block attached to the front of the building, of reconstituted stone block cladding with a large and extended Warehouse attached to the rear which is of steel frame and reconstituted stone block cladding to
lower walls and insulated metal cladding to upper walls and roof. There is an
additional standalone workshop towards the rear of the site.

The industrial accommodation benefits from varied eaves heights ranging from circa 4.95m (16ft) to 5.5m (18ft).

The site has the benefit of a 'Tarmacadam' surface car park immediately to the front, with a concrete and mono block surfaced yard to the side and rear which benefits from partial secure perimeter fencing.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Graham + Sibbald. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Graham + Sibbald for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Fife
  4. Kirkcaldy
  5. Dunnikier Business Park