Industrial Unit | English St
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Industrial Unit English St
20,585 SF 100% Leased Industrial Building Leigh WN7 3EH $1,988,022 ($97/SF) 9.25% Cap Rate
Investment Highlights
- Income producing
- On site parking
- The units have been refurbished
- Good location
- CCTV
Executive Summary
Investment opportunity for a fully let with exception of one small unit industrial site. The property currently produces a rent of £152,265 rising to £157,265 when the final unit is let, representing a NIY of £9.25% with a purchase price of £1,600,000.
Property Facts
Price | $1,988,022 | Property Subtype | Warehouse |
Price Per SF | $97 | Building Class | C |
Sale Type | Investment | Lot Size | 1.08 AC |
Cap Rate | 9.25% | Rentable Building Area | 20,585 SF |
Tenure | Freehold/Long Leasehold | No. Stories | 1 |
Property Type | Industrial | Year Built | 1962 |
Price | $1,988,022 |
Price Per SF | $97 |
Sale Type | Investment |
Cap Rate | 9.25% |
Tenure | Freehold/Long Leasehold |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | C |
Lot Size | 1.08 AC |
Rentable Building Area | 20,585 SF |
No. Stories | 1 |
Year Built | 1962 |
Amenities
- Security System
- Yard
- Automatic Blinds
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Industrial Unit | English St
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