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P R House Hortonwood 30

138,239 SF 100% Leased Industrial Building Telford TF1 7ET $5,078,075 ($37/SF) 5.34% Cap Rate

Investment Highlights

  • Fully tenanted income producing asset
  • Ample on site parking
  • Good eaves height and staff amenities

Executive Summary

We are instructed to seek offers in excess of £4,000,000 (Four Million Pounds), subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial Yield of 5.34%, assuming purchaser’s costs of 6.54%, with a Headline Reversionary Yield in excess of 15%. Low Capital Value at only £28.94 psf significantly below replacement cost.

Attachments

Building 30

Property Facts

Price $5,078,075
Price Per SF $37
Sale Type Investment
Cap Rate 5.34%
Tenure Freehold
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 6.08 AC
Rentable Building Area 138,239 SF
No. Stories 3
Year Built 2002
Clear Ceiling Height 32 FT
No. Drive In / Grade-Level Doors 6

Amenities

  • Raised Floor
  • Security System
  • Yard
  • Accent Lighting
  • Storage Space

Utilities

  • Lighting - Fluorescent
  • Listing ID: 34184640

  • Date on Market: 12/13/2024

  • Last Updated:

  • Address: Hortonwood 30, Telford TF1 7ET

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