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Stonebridge Court, Stonebridge Court - Multi Let Industrial Investment, Nottingham, NG3 2GY

Available

Description

NEW SALE – Multi Let Industrial Investment – Nottingham

Unit Size

Minimum Size: 21,328 sq ft / Maximum Size: 21,328 sq ft

Key Selling Points

  • Prominent multi let industrial estate, located in an established last mile urban industrial / warehouse location
  • Situated close to Nottingham City Centre
  • The property comprises 14 units with a total gross internal floor area of 21,328 sq ft
  • Freehold
  • Let to 13 tenants
  • Low headline rent of £245,367 pax (£11.50 psf).
  • Highly reversionary with an estimated rental value of £287,532 pax (£13.48 psf) based on recent lettings on the estate
  • We have been instructed to seek offers in excess of £3,075,000 (Three Million and Seventy Five Thousand pounds) exclusive of VAT and subject to contract. A purchase at this level reflects a NIY of 7.5% and a reversionary yield of 8.78% after deducting purchaser’s costs of 6.46%. This price reflects a low capital value of £144 per sq ft.
  • Find This Property

    Oliver Thompson
    E: oliver@tdbre.co.uk
    T: 01604 604 020
    M: 07837 191 054
    TDB Real Estate (East Midlands - Northampton)

    Jack Brown
    E: jack@tdbre.co.uk
    T: 01604 60 40 20
    M: 07969 291660
    TDB Real Estate (Head Office)

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