SHAW BUILDINGS | Deptford Ter
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SHAW BUILDINGS Deptford Ter
55,199 SF 100% Leased Flex Building Sunderland SR4 6DD $1,487,323 ($27/SF)
Investment Highlights
- Occupying a prominent and visible position fronting the Sunderland Strategic Transport Corridor.
- The main building has been internally divided, and is multi-let.
- Deptford Terrace is a well-established commercial location within 0.5 miles of Sunderland city centre.
Executive Summary
The property comprises a self-contained steel portal framed facility with an original building to the front – which has been sub-divided - and an adjoining warehouse unit (unit 6) to the rear. The buildings have a mix of concrete, profile metal cladding and glazed elevations. The majority of the roof is flat felt decked and north-lit incorporating Georgian wired glass panels. There is a further roof area which is flat metal decked, with the rear warehouse area having a dualpitched roof with corrugated asbestos cement covering. The main building has a clear eaves height of 6m with the rear warehouse having a clear height of 4m (to the haunch), rising to 6.4m at the eaves and 8.4m at the apex. There is a further semi-detached block (units 8 & 9) adjacent to the main building with a flat grp roof, which is leased to individual occupiers. Externally there is yard/parking to the front of the property off the A1231, with further yard and parking off Deptford Terrace in front of units 5 & 6. In addition there are flat grassed areas that may provide potential for future yard or building extension.
Seeking offers over £1.175m for the benefit of the freehold interest.
A purchase at this price reflects a low capital value of only £21 psf.
Potential for reversion to 15.35%, at the ERVs.
Seeking offers over £1.175m for the benefit of the freehold interest.
A purchase at this price reflects a low capital value of only £21 psf.
Potential for reversion to 15.35%, at the ERVs.
Property Facts
| Price | $1,487,323 | Lot Size | 3.07 AC |
| Price Per SF | $27 | Rentable Building Area | 55,199 SF |
| Sale Type | Investment | No. Stories | 1 |
| Tenure | Freehold | Year Built | 1981 |
| Property Type | Flex | Parking Ratio | 0.85/1,000 SF |
| Property Subtype | Light Manufacturing | No. Drive In / Grade-Level Doors | 2 |
| Building Class | B |
| Price | $1,487,323 |
| Price Per SF | $27 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 3.07 AC |
| Rentable Building Area | 55,199 SF |
| No. Stories | 1 |
| Year Built | 1981 |
| Parking Ratio | 0.85/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
Amenities
- Fenced Lot
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Chris Donabie -
Fergus Laird -
Naylors Gavin Black
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SHAW BUILDINGS | Deptford Ter
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