Blaydon Industrial Estate | Chainbridge Rd
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Blaydon Industrial Estate Chainbridge Rd
82,740 SF 100% Leased Industrial Building Blaydon On Tyne NE21 5ST $6,271,952 ($76/SF) 7.08% Cap Rate
Investment Highlights
- Extremely well-connected property, directly adjacent to the A1(M)
- An average in excess of 34,000 motor vehicles pass A695 every day (2023)
- Excellent prominence from the A695 (Blaydon Highway)
- Site area of approximately 7 acres
Executive Summary
Extremely prominent multi-let industrial investment with future redevelopment potential.
For sale - Offers in excess of £5,000,000 (Five Million Pounds) exclusive of VAT. A sale at this level reflects a net initial yield of 7.08% and a
conservative reversionary yield of 8.91% assuming standard purchasers costs of 6.59%. A sale at £5m reflects a capital value of £60.43 psf.
For sale - Offers in excess of £5,000,000 (Five Million Pounds) exclusive of VAT. A sale at this level reflects a net initial yield of 7.08% and a
conservative reversionary yield of 8.91% assuming standard purchasers costs of 6.59%. A sale at £5m reflects a capital value of £60.43 psf.
Property Facts
| Price | $6,271,952 | Lot Size | 6.05 AC |
| Price Per SF | $76 | Rentable Building Area | 82,740 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 7.08% | Year Built | 1986 |
| Tenure | Freehold | Clear Ceiling Height | 29 FT |
| Property Type | Industrial | No. Dock-High Doors/Loading | 2 |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 4 |
| Building Class | B |
| Price | $6,271,952 |
| Price Per SF | $76 |
| Sale Type | Investment |
| Cap Rate | 7.08% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 6.05 AC |
| Rentable Building Area | 82,740 SF |
| No. Stories | 2 |
| Year Built | 1986 |
| Clear Ceiling Height | 29 FT |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 4 |
Amenities
- Yard
- Automatic Blinds
Utilities
- Lighting
- Water
- Sewer
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Blaydon Industrial Estate | Chainbridge Rd
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