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Brand Road

3 Industrial Properties Offered at £1,600,000 in Grantham

Investment Highlights

  • Excellent location with easy access to A17 (A1 & A46 at Newark 9 miles)
  • 5.4 m minimum eaves, 4.5 m sectional doors
  • Modern high quality units in gated secure private compound

Executive Summary

These high quality units, built in 2 phases (Unit 3 in 2017 and Units 1 & 2 in 2022) represent a rare opportunity for an investor or an owner occupier Externally there is parking immediately to the front of the units with additional yard space to the sides (refer to plans).
• Currently producing £51,300 p.a. with 1 vacant unit. ERV when fully let £95,346

Property Facts

Price £1,600,000
Price / SF £102.28 / SF
Net Initial Yield 5.96%
Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 15,643 SF
Total Land Area 2.88 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Brant Rd, Grantham NG32 3JD Industrial 7,341 SF 2021 -
Brant Rd, Grantham NG32 3JD Industrial 3,555 SF 2022 -
Brant Rd, Grantham NG32 3JD Industrial 4,747 SF 2017 -
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  • Listing ID: 33349644

  • Date on Market: 30/09/2024

  • Last Updated:

  • Address: Brand Road, Grantham, LIN

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