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