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Mansfield Rd

6,202 SF Industrial Condo Unit Offered at $683,320 in Derby DE21 4SZ

Executive Summary

The property comprises an end of terrace industrial unit of steel portal frame construction with facing brick lower elevations and insulated cladding to the upper elevations and roof. To the front of the premises there are a pair of two storey office blocks which provide well-presented office accommodation together with kitchen and w/c facilities. Externally, to the front of the building, there is loading space together with parking provisions for approximately 4 vehicles. To the side, there is an enclosed and secure yard area which houses a small external store and allows for additional parking, loading and surface storage space.

Property Facts

Price $683,320
Unit Size 6,202 SF
No. Units 1
Total Building Size 30,609 SF
Property Type Industrial (Condo)
Property Subtype Warehouse
Sale Type Investment
Building Class B
Floors 2
Typical Floor Size 19,189 SF
Year Built 1994
Lot Size 0.94 AC
Parking Ratio 0.32/1,000 SF

1 Unit Available

Unit 8

Unit Size 6,202 SF
Price $683,320
Price Per SF $110.18
Condo Use Industrial
Sale Type Investment
Tenure Freehold
Description

the property provides open plan industrial accommodation with a minimum working height of c. 4.4m (to the underside of the eaves haunch), benefiting from a concrete floor, blockwork walls, translucent roof lights and automatic roller shutter loading doors on the front and side elevations measuring c. 3.5m (width) by 4.1m (height) and c. 2.7m (width) by 2.2m (height) respectively.

Sale Notes

The property’s freehold interest is available to purchase at
£550,000, reflecting a net initial yield of c. 7.3% after purchaser’s costs, or a capital value of approximately £93.62sq.ft

Interior
Interior
Interior
Interior
Interior
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Amenities

  • Fenced Lot
  • Yard
  • Automatic Blinds
  • Storage Space
  • Listing ID: 33200549

  • Date on Market: 9/17/2024

  • Last Updated:

  • Address: Mansfield Rd, Derby DE21 4SZ

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