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Enterprise Rd - Balloo South Business Park 6,297 - 13,173 SF Industrial Condo Units Offered at $1,598,870 Per Unit in Bangor BT19 7TA
INVESTMENT HIGHLIGHTS
- Established trading location
- Close to the junction with the A21 Bangor to Newtownards dual carriageway on the outskirts of Bangor
- Modern industrial premises
PROPERTY FACTS
| Total Building Size | 20,727 SF | Floors | 3 |
| Property Type | Industrial | Typical Floor Size | 6,909 SF |
| Property Subtype | Service | Year Built | 2003 |
| Building Class | B | Parking Ratio | 0.29/1,000 SF |
| Total Building Size | 20,727 SF |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 6,909 SF |
| Year Built | 2003 |
| Parking Ratio | 0.29/1,000 SF |
AMENITIES
- Automatic Blinds
UTILITIES
- Lighting - Fluorescent
2 UNITS AVAILABLE
Unit 21
| Unit Size | 13,173 SF | Sale Type | Investment |
| Price | $1,598,870 | Tenure | Long Leasehold |
| Price Per SF | $121.37 | Cap Rate | 8.16% |
| Condo Use | Industrial | NOI | $130,441.15 |
| Unit Size | 13,173 SF |
| Price | $1,598,870 |
| Price Per SF | $121.37 |
| Condo Use | Industrial |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Cap Rate | 8.16% |
| NOI | $130,441.15 |
DESCRIPTION
The property comprises a modern steel portal frame factory / warehouse property split into two separate units.
Unit 21 is currently used as a car body repair centre with workshop space, ancillary offices, mezzanine storage and WC facilities. It benefits from a single loading door, dedicated car parking and a secure yard to the rear of the property.
SALE NOTES
Currently let to Komoo on a 10 year lease from 1 September 2023 with a 5 year tenants break option/ rent review.
Unit 21A
| Unit Size | 6,297 SF | Sale Type | Investment |
| Price | $1,598,870 | Tenure | Long Leasehold |
| Price Per SF | $253.91 | Cap Rate | 8.16% |
| Condo Use | Industrial | NOI | $130,441.15 |
| Unit Size | 6,297 SF |
| Price | $1,598,870 |
| Price Per SF | $253.91 |
| Condo Use | Industrial |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Cap Rate | 8.16% |
| NOI | $130,441.15 |
DESCRIPTION
The property comprises a modern steel portal frame factory / warehouse property split into two separate units.
Unit 21A is separately let, being self contained with its own office, integral ground floor entrance area leading to first floor office, kitchen and WC facilities. There is a single loading door and marshalling area externally together with dedicated car parking.
SALE NOTES
Currently let to Priory Press Packaging Ltd on a 5 year lease from 01/08/2021.
Presented by
Enterprise Rd - Balloo South Business Park
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