Property Information
Address:
10 Kestral Road, Mansfield, Nottinghamshire
, NG18 5FT
, Nottinghamshire
, United Kingdom
Price: Sale Price: £1,100,000
Size: 12838 sq ft1193 sqm
Primary Category: Industrial
All Categories:
Investment, Industrial,
Property Ref/Movehut: MH687567
Property Ref/Agent: 103884
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 15, 2024
Property description
The property comprises a modern detached steel portal framed industrial unit on the outskirts of Mansfield. The property is solely let to Tru Seal Plastics Limited on a 5 year FRI lease commencing on 22nd May 2023 at a headline rental of £80,000 per annum exclusive.
The property benefits from:
- Solid Concrete Floor
- Two Up and Over Loading Doors (4.34m (w) x 5.05m (h))
- Minimum Eaves Height - 7.10m
- Wall Mounted Gas Blowers
- Office Block with Canteen
- WC Facilities
- Large Secure Yard
Mains services connected to the premises include electricity, gas, water and drainage. Please note these services have not been tried or tested and any interested parties are advised to satisfy themselves as to suitability and condition.
Freehold Investment Opportunity
12,828 Sq Ft (1,192.65 Sq M)
Headline Rental of £80,000 pax
Gross Yield of 7.27%
Low Capital Value of £85.68 psf
Large Secure Yard
Good Motorway Connections
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