Ripley Drive, Normanton, WF6 1QT

Investment

Description

  • Located on Normanton Industrial Estate, the prime industrial/distribution estate in the Greater Yorkshire region.
  • Adjacent to junction 31 of the M62.
  • 3 industrial buildings let to 2 strong Tenants on 2 leases.
  • Access from Ripley Drive and Beckbridge Road.
  • Current passing rent £171,500 reflecting a low average passing rent of £4.30 overall.
  • Offers are invited in the region of £2,130,000 reflecting a net initial yield of 7.6% allowing for graduated purchasers costs. • Low capital value of £53 psf.
  • Asset management opportunities.
Status Sold
Type Investment
Size 39,891 sq ft
To Let/For Sale For Sale

Address

Ripley Drive
Normanton
WF6 1QT

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