Description
1. An absolutely prime industrial investment located on Trident Park, part of the Normanton Industrial Estate at junction 31 of the M62.
2. A newly completed steel portal frame twin span warehouse providing 3,530 sq m (38,000 sq ft) of space including 278.70 sq m (3,000 sq ft) of offices with generous car parking and yard facilities.
3. Freehold.
4. Let on a 10 year unbroken lease to Speedy Asset Services Ltd (Company No: 6847930) from 2nd October 2014
5. Dun & Bradstreet rating 4A1 Low Risk. March 2013 accounts show turnover £318m, profit before tax £25.6m, net assets £51.6m.
6. Commencing rental £199,500 per annum break back to a rate of £5.25 psf.
7. Low site cover of only 30%.
8. Offer invited in excess of £2,690,000 which will show the purchase a net initial yield of 7.0% net of purchase costs of 5.8%
| Status | Sold |
|---|---|
| Type | Investment |
| Size | 30,000 sq ft |
| To Let/For Sale | For Sale |
Address
Prime Industrial Development, Trident Park, Normanton
Unit C, Rosie Road, Trident Park, Normanton
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