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Faraday Mill
Faraday Mill
Plymouth, UK
Acquisition Date:
2018
Status:
Current
Project:
Multi-let Industrial
Size:
192,169 sq.ft
Asset Class:
Industrial / Business Park
Highlights
Multi-let industrial estate comprising 70 industrial units totalling 192,169 sq.ft. Units range from 600 sq.ft to 20,400 sq.ft.
Prominent positioning adjacent to Salmon Retail Park in Plymouth, attracting annual rents of just over £1 million.
Net Initial Yield (NIY) of 8.16%.
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