Phoenix House Westerby Rd 18,292 SF Industrial Building Middlesbrough TS3 8TD £490,000 (£26.79/SF) 8.16% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Situated on the edge of Skippers Lane Industrial Estate
- Excellent access to the A66 Trunk Road
- 2 miles east of Middlesbrough town centre
EXECUTIVE SUMMARY
The freehold interest is available to purchase with offers invited over £490,000 reflecting a gross initial yield of 8.16%.
PROPERTY FACTS
| Price | £490,000 |
| Price Per SF | £26.79 |
| Sale Type | Investment |
| Net Initial Yield | 8.16% |
| Tenure | Freehold |
| Property Type | Industrial |
| Lot Size | 0.46 AC |
| Rentable Building Area | 18,292 SF |
| Number of Floors | 2 |
| Year Built | 1990 |
| Tenancy | Single |
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