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3-5 Pembroke Av

14,450 SF Industrial Unit Offered at £2,045,880 in Waterbeach CB25 9QP

Property Facts

Price £2,045,880
Unit Size 14,450 SF
No. Units 1
Total Building Size 48,606 SF
Property Type Industrial (Unit)
Property Subtype Warehouse
Sale Type Investment
Building Class C
Number of Floors 2
Typical Floor Size 17,966 SF
Year Built 1980
Lot Size 1.03 AC

1 Unit Available

Unit 3-5

Unit Size 14,450 SF
Price £2,045,880
Price Per SF £141.58
Unit Use Industrial
Sale Type Investment
Tenure Freehold/Long Leasehold
Net Initial Yield 6.00%
NOI £122,752.80
Description

The units are of steel portal frame construction with brick walls to the lower portion and steel profiled cladding to the upper portion of the external elevations. There are brick walls separating Units 3 and 4, and blockwork walls between Units 4 and 5, with access for plant machinery between each unit. The units both benefit from a 17m deep tarmacked yard, and 3.3m deep outdoor area to the rear.

Sale Notes

Offers invited in excess of £2,045,880 per annum. A purchase at this level reflects an attractive net initial yield of 6.00% and a low capital value of £142 per Sq Ft.

Amenities

  • Roller Shutters
  • Storage Space

Utilities

  • Lighting
  • Water
  • Heating
  • Listing ID: 33798592

  • Date on Market: 08/11/2024

  • Last Updated:

  • Address: 3-5 Pembroke Av, Waterbeach CB25 9QP

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