Manor St | Braintree CM7 3HS
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Manor St
Braintree CM7 3HS
Industrial Property For Sale
Investment Highlights
- Leased to Huws Gray with approx. 40yrs unexpired, no breaks
- Very strong covenant
- Affluent market town within commuter belt to London
Executive Summary
Offers are invited in excess of £1,880,000 exclusive of VAT.
A purchase at this level would reflect a net initial yield of 5.51% (allowing for purchaser’s costs at 6.24%) [TOGC].
A purchase at this level would reflect a net initial yield of 5.51% (allowing for purchaser’s costs at 6.24%) [TOGC].
PROPERTY FACTS Sale Pending
| Sale Type | Investment | Rentable Building Area | 20,217 SF |
| Cap Rate | 5.51% | No. Stories | 1 |
| Tenure | Freehold | Year Built | 2000 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.35/1,000 SF |
| Building Class | B | No. Dock-High Doors/Loading | 1 |
| Lot Size | 3.75 AC | No. Drive In / Grade-Level Doors | 1 |
| Sale Type | Investment |
| Cap Rate | 5.51% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.75 AC |
| Rentable Building Area | 20,217 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Tenancy | Single |
| Parking Ratio | 0.35/1,000 SF |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
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