Telford Rd | Basingstoke RG21 6YJ
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Telford Rd
Basingstoke RG21 6YJ
Unity House · Industrial Property For Sale
Investment Highlights
- A modern distribution warehouse and adjacent two storey office accommodation
- Rare Freehold opportunity in Basingstoke.
- Strong occupational market fundamentals and rental growth prospects
Executive Summary
Offers in the region of £20,800,000 We are instructed to seek offers of £20,800,000, subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial Yield of 6.50% (assuming Purchaser’s costs of 6.75%), which equates to a reversionary yield of 7.80% at the estimated ERV, and a low capital value of £144 per sq ft.
PROPERTY FACTS
| Sale Type | Investment | Rentable Building Area | 144,310 SF |
| Net Initial Yield | 6.50% | Number of Floors | 2 |
| Tenure | Freehold | Year Built | 1990 |
| Property Type | Industrial | No. Dock-High Doors/Loading | 7 |
| Property Subtype | Warehouse | Level Access Doors | 2 |
| Building Class | B |
| Sale Type | Investment |
| Net Initial Yield | 6.50% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Rentable Building Area | 144,310 SF |
| Number of Floors | 2 |
| Year Built | 1990 |
| No. Dock-High Doors/Loading | 7 |
| Level Access Doors | 2 |
Amenities
- Security System
- EPC - C
- Roller Shutters
- Storage Space
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