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8 Eastboro Fields

9,106 SF Industrial Building Nuneaton CV11 6GL $1,007,605 ($111/SF) 6.60% Cap Rate

Executive Summary

A sale of the long leasehold interest is available (the property is understood to be held on a 125 year lease with effect from 5 March 2003 at a peppercorn rent). The sale is on an investment basis subject to the existing tenancy which is for a term of 10 years from 20 September 2018 at a current rent of £50,500 pa with stepped increases to £57,000 pa.

Attachments

Brochure

Property Facts

Price $1,007,605
Price Per SF $111
Sale Type Investment
Cap Rate 6.60%
Tenure Long Leasehold
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 3.75 AC
Rentable Building Area 9,106 SF
No. Stories 2
Year Built 2014
Tenancy Single
Parking Ratio 0.88/1,000 SF

Amenities

  • Courtyard
  • Wheelchair Accessible
  • Reception
  • Demised WC facilities
  • Air Conditioning

Utilities

  • Lighting
  • Water - City
  • Heating

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Cheeky Monkeys
  • -
  • 2,748 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Cheeky Monkeys - 2,748 SF - -
  • Listing ID: 33107967

  • Date on Market: 2/22/2024

  • Last Updated:

  • Address: 8 Eastboro Fields, Nuneaton CV11 6GL

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