Derby Rd
Heanor DE75 7QL
Basford Warehouse · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Two storey office
- Secure yard
- Good transport links
EXECUTIVE SUMMARY
Guide price £1,100,000. Fully let with a current passing rent £102,915 per annum exclusive. Guide price reflects a net initial yield of approximately 8.84% and a low acquisition cost of just £40.11 per square foot.
PROPERTY FACTS
| Sale Type | Investment |
| Cap Rate | 8.84% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.33 AC |
| Rentable Building Area | 27,425 SF |
| No. Stories | 2 |
| Year Built | 1954 |
| Parking Ratio | 0.22/1,000 SF |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 2 |
AMENITIES
- Security System
- Yard
- Automatic Blinds
- Recessed Lighting
UTILITIES
- Lighting - Fluorescent
- Water
- Sewer
- Heating - Fired Oil
