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Investment

Investment For Sale Heanor

PROPERTY ID: 116183

PROPERTY TYPE

Investment

STATUS

Available

SIZE

27,425 sq.ft

Key Features

Fully let industrial/office investment.
Total Gross Internal Area 2,548.8 sq.m. / 27,425 sq.ft. situated on a site of circa 1.33 Acres.
Divided into 6 self-contained warehouse bays and a two-storey office.
Fully let with a current passing rent £102,915 per annum exclusive.
Guide price reflects a net initial yield of approximately 8.84% and a low acquisition cost of just £40.11 per square foot.

Property Details

The property comprises a brick-built industrial building beneath a north light roof. The property has also been extended to the front by a brick-built two storey office building beneath a flat roof. The warehouse has been split to provide 6 self-contained warehouse bays and a self-contained office. Each unit being separately let. The warehouse bays comprise concrete floors, brick walls and fluorescent lighting. The three bays to the rear benefit from roller shutter door, two of which benefit from dock level loading. The two storey office benefits from a traditional specification having carpeted floors, painted plaster walls, suspended ceilings and category 2 lighting.

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About the Agent

David Brown Commercial

See Agent's Other Properties

Freehold Industrial Investment

£1,100,000 Freehold

Basford Warehouse, Heanor, DE75 7QL
Investment - Available
27,425 sq ft
2,548 sqm
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