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Butts Pond Industrial Estate

1,100 SF Industrial Building Sturminster Newton DT10 1BP $351,460 ($320/SF) 7.27% Cap Rate

Investment Highlights

  • Butts Pond is the principal trading estate within Sturminster Newton
  • Insulated steel portal frame building
  • The estate is located within the town and a short walk from the centre

Executive Summary

The property comprises a corner plot of some 0.23 acres. It was developed in 2020. An 1100 sq ft insulated steel portal frame building was erected with 35 mm box profile cladding. 6m eaves. The unit benefits from two roller shutter doors and separate personnel door. The property benefits from yard space upon which is located a temporary lodge utilised as an office.

Property Facts

Price $351,460
Price Per SF $320
Sale Type Investment
Cap Rate 7.27%
Tenure Freehold
Property Type Industrial
Property Subtype Service
Building Class C
Lot Size 0.22 AC
Rentable Building Area 1,100 SF
No. Stories 1
Year Built 2020
Tenancy Single
No. Drive In / Grade-Level Doors 2

Amenities

  • 24 Hour Access
  • Listing ID: 31026453

  • Date on Market: 2/23/2024

  • Last Updated:

  • Address: Butts Pond Industrial Estate, Sturminster Newton DT10 1BP

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