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Phoenix House Westerby Rd

18,292 SF Industrial Building Middlesbrough TS3 8TD £490,000 (£27/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 £27
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
  • Listing ID: 32579557

  • Date on Market: 25/07/2024

  • Last Updated:

  • Address: Westerby Rd, Middlesbrough TS3 8TD

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