Light industrial for sale in Strata Products, Brookhill Industrial Estate, Pinxton, Pinxton NG16

£10,500,000 (£61.32/sq. ft)
Interested in this property? Call +44 115 774 9117 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Light industrial for sale

171,231 sq. ft*

Property description

Investment

Industrial sale and leaseback investment

Strata Products occupy 2 sites totalling 15,908 sq m (171,231 sq ft) over Plymouth Avenue and Beaufit Lane

Total gross site area of 12.63 acres

Located on the established Brookhill Industrial Estate, North Nottinghamshire just 1 mile from Junction 28 of the M1 motorway.

Both properties have strong value add potential given the low initial base rent through future rent review, reletting or break up. The price is underpinned by the established vacant possession value

Upon sale, Strata Products will lease both properties back on a new 10 year lease with a five year tenant only break option

The properties are to be leased at a rent of £945,000 per annum equating to £5 per sq ft on the Plymouth Avenue property, £4.75 per sq ft on the Beaufit Lane buildings and £30,000 per acre on the storage land, all of which are reversionary

Low site cover of 18% on the Beaufit Lane property

Properties can be purchased together or separately

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
FHP, NG1 on +44 115 774 9117 * (local rate)

Contact FHP about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  6. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by FHP, and do not constitute property particulars. Please contact FHP for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

View all Brookhill Industrial Estate commercial properties for sale