Daniels Way
24,227 SF Industrial Building Hucknall NG15 7LL £2,200,000 (£90.81/SF) 7.43% Net Initial Yield
INVESTMENT HIGHLIGHTS
- A single let industrial unit located on the established Hucknall Industrial Estate, Nottinghamshire, benefitting from excellent transport links.
- Activate Accident Repair Group is part of a UK-wide network of auto body shops, rated as very low risk (Creditsafe) with a strong industry reputation.
- Total floor area of 24,227 sq ft (2,250 sq m) on a site area of 1.29 acres (0.52 hectares). The unit also has a secure yard with 30 parking spaces.
- The unit is fully let to Activate Accident Repair Group Limited on a 15-year lease from August 2024.
- Total rental income of £163,532 per annum / £6.75 per sq ft, subject to five yearly, upward only open market rent reviews.
PROPERTY FACTS Under Contract
| Price | £2,200,000 |
| Price Per SF | £90.81 |
| Sale Type | Investment |
| Net Initial Yield | 7.43% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.29 AC |
| Rentable Building Area | 24,227 SF |
| Number of Floors | 2 |
| Year Built | 1980 |
| Tenancy | Single |
| Parking Ratio | 1.24/1,000 SF |
| Clear Ceiling Height | 20 ft 4 in |
| Level Access Doors | 2 |
AMENITIES
- Yard
- Storage Space
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Activate Accident Repair
- Professional, Scientific, and Technical Services
- -
-
$9.99
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Activate Accident Repair | Professional, Scientific, and Technical Services | - | $9.99 | Jan 0000 |
