- Seller ref: 7307
- Listing ID: 210304
Distribution Property For Sale Kirkland Avenue Industrial Estate, Kirkland Avenue, Mansfield, NG18 5QP
- 18,060 sq ft
- £1,000,000
- For Sale
Property Overview
-
- Size:
- 18,060 sq ft / 1,678 sq m
-
- Usage:
- B1, B2
-
- Sale Type:
- For Sale
-
- Rental Income:
- N/A
-
- Property Type:
- Distribution
-
- Auction:
- No
-
- Development Opportunity:
- No
-
- Investment Opportunity:
- No
-
- Tenanted:
- No
-
- Energy Rating:
- N/A
Supporting Documents
General Summary
Multi let Industrial estate investment for sale comprising 15 units ranging in sizes from 295sqft - 4,105 sqft and 3 yard areas which have been let out.
The estate offers significant asset management opportunities as well as scope to extend onto undeveloped land or for wholesale redevelopment of the site perhaps for alternative uses (subject to all necessary consents).
The entire estate comprises 1.733 acres.
Current passing rent: £115,650 per annum
Offers in the region of £1,000,000 which reflects a Net Initial Yield of 10.97% (after usual purchasers costs of 5.45%)
* Multi - Let Industrial Estate
* Ample parking/ circulation spaces
* Asset management opportunities
* Potential for redevelopment (STP)
* Established Industrial Estate