£ 1,545,000 Offers in Excess of Freehold
19,673 sq ft
Overview
High yielding multi-let office investment on the established Deeside Industrial Park
Located on Deeside Industrial Park - one of the premier business locations in N Wales
Fronting Parkway - the main arterial route through the estate
19,673 sq ft across 10 units
Multi-let to 4 tenants including Booker (47% of income)
Passing rent of £181,141 per annum reflecting a low rate of £9.21 psf
1.15 acre site with the potential for future redevelopment/ alternative uses
Freehold.
We are quoting £1,545,000 (One Million Five Hundred and Forty-Five Thousand Pounds) which reflects;
Net initial yield of 11.05%,
Reversionary yield of 11.68%
Low capital value of £79 psf.
AWULT of c.2.08 years to expiry and c.1.34 years to break
Features
- High yielding multi-let Business Park investment
- Recently refurbished
- Dedicated car parking 80 spaces
- Located at the heart of Deeside Industrial Park
- Low capital value of £79 psf
- Opportunities for asset management
- NIY 11.05%
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