An industrial estate in Swansea is up for sale with a £5.5m price tag. Prospect Park, which extends to 189,000 sq ft and is nearly 100% occupied, is being marketed on behalf of Colmac Estates by the Cardiff office of international property advisory firm Savills.
The estate generates an annual rental income of £590,000 per annum, representing a net initial yield of just under 10% and a capital value of more than £29 per sq ft.
The site extends to 17.51 acre and includes plots with future development potential - subject to planning approval.
