Parker Ltd Glendale Ave 42,270 SF Industrial Building Deeside CH5 2QP $3,979,941 ($94.16/SF) 8.45% Cap Rate
INVESTMENT HIGHLIGHTS
- Located in a prominent position on Glendale Avenue in the heart of the well-established Sandycroft Industrial Estate.
- Deeside lies approximately 1.5 miles to the west and Chester lies 6 miles to the east.
- Access to the national motorway network is provided via the M56 which is approximately 6 miles to the north east.
EXECUTIVE SUMMARY
The site is held long leasehold via title number WA573880 for a period of 999 years from 25th December 1989 at an initial ground rent of £10 per annum.
PROPERTY FACTS
| Price | $3,979,941 |
| Price Per SF | $94.16 |
| Sale Type | Investment |
| Cap Rate | 8.45% |
| Tenure | Long Leasehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.04 AC |
| Rentable Building Area | 42,270 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Tenancy | Single |
| Clear Ceiling Height | 31’ |
AMENITIES
- Energy Performance Rating - E
- Automatic Blinds
UTILITIES
- Lighting
- Water
- Sewer
