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18 Glebe Rd

42,805 SF 100% Leased Industrial Building Huntingdon PE29 7DL $5,901,400 ($138/SF) 6.57% Cap Rate

Investment Highlights

  • Huntingdon is an established industrial location with easy access to the A1 (8 mins), A14 (8 mins) and M11 Junction 31 (20 mins)
  • Glebe Road which links to the A141 which connects to the A14 Junction 23
  • The property is situated approximately 1.5 miles (2.4 km) north of Huntington town centre

Executive Summary

The available investment comprises a newly refurbished multi let industrial estate of steel portal frame construction with hard standing car parking and yard space.
Offers are sought in excess of £4,750,000 (Four Million Seven Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT. This reflects a net initial yield of 6.57% and a low capital value of £111 per sq ft.

Property Facts

Price $5,901,400
Price Per SF $138
Sale Type Investment
Cap Rate 6.57%
Tenure Freehold
Property Type Industrial
Property Subtype Warehouse
Building Class B
Rentable Building Area 42,805 SF
No. Stories 1
Year Built 2022
No. Dock-High Doors/Loading 7

Amenities

  • Yard
  • Automatic Blinds
  • Listing ID: 33232152

  • Date on Market: 9/19/2024

  • Last Updated:

  • Address: 18 Glebe Rd, Huntingdon PE29 7DL

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