Gladstone Industrial Park, Gladstone Avenue, Ramsey Asking price £1,700,000 excl.

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Gladstone Industrial Park

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Unit Area: 1,187 sq ft - 10,160 sq ft
3.7 acre site
Ample car parking
Freehold property
Close to Ramsey Town Centre
Well established Industrial Park

A rare investment opportunity to purchase a 3.7 acre industrial site situated in Ramsey.

The site was originally developed in the 1950/60's and was utilised by a UK Stockling manufacturer and since the closure of the principle factory in the early 1970's it has been divided into 9 various sized units which are primarily light industrial and storage.

The units are individually tenanted. Currently there are five vacant units with a total space of 17,076 sq ft available.

Current rental income is £70,488.03 per annum. Yield 4.14%.