Amber Park 1 | Berristow Ln
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Amber Park 1 Berristow Ln
208,423 SF 4-Star Industrial Building South Normanton DE55 2FH £19,600,000 (£94/SF) 6.25% Net Initial Yield
Investment Highlights
- Strategically located on Junction 28 of the M1 Motorway
Executive Summary
Entirely let to Alloga UK Limited until 11th July 2027, providing an unexpired term of 2.84 years.
Very low passing rent of £1,306,000 per annum, reflecting £6.27 per sq ft with prime rents in the area now achieving in excess of £8.00 psf;
We are seeking offers in excess of £19,600,000 subject to contract and exclusive of VAT. Reflecting an attractive Net Initial Yield of 6.25% and an anticipated Reversionary Yield of c. 7.50%
Very low passing rent of £1,306,000 per annum, reflecting £6.27 per sq ft with prime rents in the area now achieving in excess of £8.00 psf;
We are seeking offers in excess of £19,600,000 subject to contract and exclusive of VAT. Reflecting an attractive Net Initial Yield of 6.25% and an anticipated Reversionary Yield of c. 7.50%
Property Facts
| Price | £19,600,000 | Rentable Building Area | 208,423 SF |
| Price Per SF | £94 | Number of Floors | 3 |
| Sale Type | Investment | Year Built | 1997 |
| Net Initial Yield | 6.25% | Tenancy | Single |
| Tenure | Freehold/Long Leasehold | Parking Ratio | 1.2/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 32 ft 9 in |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 10 |
| Building Class | B | Level Access Doors | 2 |
| Lot Size | 12.96 AC |
| Price | £19,600,000 |
| Price Per SF | £94 |
| Sale Type | Investment |
| Net Initial Yield | 6.25% |
| Tenure | Freehold/Long Leasehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 12.96 AC |
| Rentable Building Area | 208,423 SF |
| Number of Floors | 3 |
| Year Built | 1997 |
| Tenancy | Single |
| Parking Ratio | 1.2/1,000 SF |
| Clear Ceiling Height | 32 ft 9 in |
| No. Dock-High Doors/Loading | 10 |
| Level Access Doors | 2 |
Amenities
- Fenced Lot
- Yard
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Amber Park 1 | Berristow Ln
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