Manelli House 4 Cowper Rd 8,724 SF 100% Leased Industrial Building Penrith CA11 9BN £1,056,000 (£121.05/SF) 11.13% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Strategic location in Penrith's prime commercial area
- Self-contained site with associated storage land and parking extending to 0.87 acres
- Strong access to the town centre and arterial roads
EXECUTIVE SUMMARY
Offers are sought in excess of £1,056,000.00 subject to contract and exclusive of VAT.
PROPERTY FACTS
| Price | £1,056,000 |
| Price Per SF | £121.05 |
| Sale Type | Investment |
| Net Initial Yield | 11.13% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Rentable Building Area | 8,724 SF |
| Number of Floors | 1 |
| Year Built | 1978 |
| Clear Ceiling Height | 19 ft 8 in |
AMENITIES
- 24 Hour Access
- Fenced Plot
- Security System
- Signage
- Storage Space
UTILITIES
- Lighting
- Water
- Sewer
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CONTACT
-
Joe Ellis -
Edwin Thompson
