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24 Woodgate Way S

12,206 SF Retail Condo Unit Offered at $1,035,210 in Glenrothes KY7 4PF

Investment Highlights

  • Trade counter warehouse
  • Parking
  • Busy trading estate

Executive Summary

The subjects comprise an end of terrace trade counter warehouse of steel frame construction, infilled with brick and clad externally with profile metal sheeting and with pitched profile metal sheet roof over. The subjects are located within the busy Woodgate Way Trading Estate comprising other national and local occupiers. The unit has good visibility from the A92.

Property Facts

Price $1,035,210
Unit Size 12,206 SF
No. Units 1
Total Building Size 40,953 SF
Property Type Industrial (Condo)
Sale Type Investment
Building Class B
Floors 1
Typical Floor Size 39,826 SF
Year Built 1988
Lot Size 1.01 AC
Parking Ratio 1.03/1,000 SF

1 Unit Available

Unit 24

Unit Size 12,206 SF
Price $1,035,210
Price Per SF $84.81
Condo Use Retail
Sale Type Investment
Tenure Freehold
Cap Rate 7.00%
NOI $72,464.69
Description

The space comprises of 12,206 square feet of retail space. The property is accessed via a traditional loading door to the front
elevation and benefits from a 5.75 m. eaves height. There are
showroom and office accommodation formed within the unit.

Sale Notes

Trade counter warehouse investment for sale at an asking price of £810,000 which reflects a net initial yield of 7%.
Let to MGM Timber (Scotland) Limited.

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Amenities

  • 24 Hour Access
  • Security System
  • Yard
  • Storage Space

Utilities

  • Lighting
  • Water - City
  • Sewer - City
  • Listing ID: 32010659

  • Date on Market: 6/4/2024

  • Last Updated:

  • Address: 24 Woodgate Way S, Glenrothes KY7 4PF

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