Meridian East
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Meridian East
29,585 SF Industrial Building Leicester LE19 1WZ £3,040,000 (£103/SF) 7% Net Initial Yield
Investment Highlights
- Prominent Location
- Parking Available
- Great Transport Links
Executive Summary
An opportunity to acquire a prime industrial / warehouse investment. New ten-year lease signed in August 2024 at lease renewal with secure income.
Property Facts
| Price | £3,040,000 | Lot Size | 1.41 AC |
| Price Per SF | £103 | Rentable Building Area | 29,585 SF |
| Sale Type | Investment | Number of Floors | 2 |
| Net Initial Yield | 7% | Year Built | 1998 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.22/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 23 ft |
| Building Class | B | Level Access Doors | 2 |
| Price | £3,040,000 |
| Price Per SF | £103 |
| Sale Type | Investment |
| Net Initial Yield | 7% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.41 AC |
| Rentable Building Area | 29,585 SF |
| Number of Floors | 2 |
| Year Built | 1998 |
| Tenancy | Single |
| Parking Ratio | 1.22/1,000 SF |
| Clear Ceiling Height | 23 ft |
| Level Access Doors | 2 |
Amenities
- Bus Route
- Roof Lights
- Yard
- Roller Shutters
- Air Conditioning
Utilities
- Lighting - Sodium
- Water
- Sewer
- Heating - Gas
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Meridian East
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