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121 Mansfield Road 11,141 SF Flex Building Sutton In Ashfield NG17 4FL $1,611,084 ($144.61/SF)
INVESTMENT HIGHLIGHTS
- Sutton in Ashfield is located approximately 3 miles south-west of Mansfield
- The property is situated on the main arterial route between Mansfield and Sutton-In-Ashfield
- The town is served by the A38 dual carriageway which runs from Junction 28 of the M1 Motorway
EXECUTIVE SUMMARY
? Purchase Price: £1,200,000
? Gross Initial Yield: 7.50%
? Rental Income: £90,000 p.a.
? VAT is applicable to this property.
? Let until July 2035. No breaks. Rent review in April 2030 and 2035 linked to RPI
? Comprises two-storey light industrial building t/a Bathroom & Kitchen Showroom
? Benefits from vehicular access at rear, as well as large customer car park at front suitable for 20 cars
? Situated on the main arterial route between Mansfield and Sutton-In-Ashfield, with occupiers
nearby include Kwik Fit, Fitness, Beauty Salon, Takeaways and many more
? Gross Initial Yield: 7.50%
? Rental Income: £90,000 p.a.
? VAT is applicable to this property.
? Let until July 2035. No breaks. Rent review in April 2030 and 2035 linked to RPI
? Comprises two-storey light industrial building t/a Bathroom & Kitchen Showroom
? Benefits from vehicular access at rear, as well as large customer car park at front suitable for 20 cars
? Situated on the main arterial route between Mansfield and Sutton-In-Ashfield, with occupiers
nearby include Kwik Fit, Fitness, Beauty Salon, Takeaways and many more
PROPERTY FACTS
| Price | $1,611,084 | Lot Size | 0.14 AC |
| Price Per SF | $144.61 | Rentable Building Area | 11,141 SF |
| Sale Type | Investment | No. Stories | 2 |
| Tenure | Freehold | Year Built | 1970 |
| Property Type | Flex | Tenancy | Single |
| Building Class | B |
| Price | $1,611,084 |
| Price Per SF | $144.61 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 0.14 AC |
| Rentable Building Area | 11,141 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Tenancy | Single |
AMENITIES
- Smoke Detector
UTILITIES
- Lighting
- Water
- Heating
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121 Mansfield Road
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