Units A & B | Prince William Rd
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Units A & B Prince William Rd
3,827 SF 100% Leased Industrial Building Loughborough LE11 5GU £750,000 (£196/SF) 5.30% Net Initial Yield
Investment Highlights
- The property was built in the mid 1990’s and comprises a single storey steel portal framed industrial unit of full height cavity brick and blockwork
- The property is located on the corner of Prince William Road and Jubilee Drive just off Belton Road at the entrance to Belton Park Industrial Estate
- This prominent trade counter unit sits within its own site providing valuable customer parking spaces.
Executive Summary
This is a rare opportunity to acquire a prime freehold trade counter opportunity at the entrance to Loughborough’s premier industrial area.
Freehold subject to and with the benefit of the occupational lease at £42,000pa until the end of the term reflecting £10.97 psf.
PROPOSAL
Offers are invited in excess of £750,000 (seven hundred and fifty thousand pounds) reflecting a 5.3% net initial yield having allowed 5.40% purchasers costs.
Freehold subject to and with the benefit of the occupational lease at £42,000pa until the end of the term reflecting £10.97 psf.
PROPOSAL
Offers are invited in excess of £750,000 (seven hundred and fifty thousand pounds) reflecting a 5.3% net initial yield having allowed 5.40% purchasers costs.
Property Facts Sale Pending
| Price | £750,000 | Lot Size | 0.09 AC |
| Price Per SF | £196 | Rentable Building Area | 3,827 SF |
| Sale Type | Investment | Number of Floors | 2 |
| Net Initial Yield | 5.30% | Year Built | 1996 |
| Tenure | Freehold | Parking Ratio | 2.61/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 15 ft 5 in |
| Property Subtype | Service | Level Access Doors | 3 |
| Building Class | B |
| Price | £750,000 |
| Price Per SF | £196 |
| Sale Type | Investment |
| Net Initial Yield | 5.30% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Lot Size | 0.09 AC |
| Rentable Building Area | 3,827 SF |
| Number of Floors | 2 |
| Year Built | 1996 |
| Parking Ratio | 2.61/1,000 SF |
| Clear Ceiling Height | 15 ft 5 in |
| Level Access Doors | 3 |
Amenities
- Roller Shutters
Utilities
- Gas
- Water
- Sewer
- Heating - Oil (Steam)
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Units A & B | Prince William Rd
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