Property Information
Address:
Kirkland Avenue Industrial Estate, Kirkland Avenue, Mansfield
, NG18 5QP
Price: Buy: POA
Size: 18060 sq ft1678 sqm
Primary Category: Industrial
All Categories:
Industrial,
Property Ref/Movehut: MH679010
Property Ref/Agent: 7307
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: June 15, 2024
Property description
Multi let Industrial estate investment for sale comprising 15 units ranging in sizes from 295sqft - 4,105 sqft and 3 yard areas which have been let out.
The estate offers significant asset management opportunities as well as scope to extend onto undeveloped land or for wholesale redevelopment of the site perhaps for alternative uses (subject to all necessary consents).
The entire estate comprises 1.733 acres.
Current passing rent: £115,650 per annum
Offers in the region of £1,000,000 which reflects a Net Initial Yield of 10.97% (after usual purchasers costs of 5.45%)
Multi - Let Industrial Estate
Ample parking/ circulation spaces
Asset management opportunities
Potential for redevelopment (STP)
Established Industrial Estate
;