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Kirkland Avenue Industrial Estate 7 Properties Offered at $1,332,392 in Mansfield
INVESTMENT HIGHLIGHTS
- Established industrial park
- Lots of yard space
- Located next to vacant developable land
EXECUTIVE SUMMARY
This is a Multi let Industrial estate investment for sale comprising 15 units ranging in sizes from 295sqft - 4,105 sqft and 3 yard areas which have been let out. The estate offers significant asset management opportunities as well as scope to extend onto undeveloped land or for wholesale redevelopment of the site perhaps for alternative uses (subject to all necessary consents). The entire estate comprises 1.733 acres. Current passing rent: £115,650 per annum. Offers in the region of £1,000,000 which reflects a Net Initial Yield of 10.97% (after usual purchasers costs of 5.45%).
PROPERTY FACTS
| Price | $1,332,392 | Number of Properties | 7 |
| Price / SF | $78.17 / SF | Individually For Sale | 0 |
| Cap Rate | 10.97% | Total Building Size | 17,045 SF |
| Sale Type | Investment | Total Land Area | 3.25 AC |
| Status | Pending |
| Price | $1,332,392 |
| Price / SF | $78.17 / SF |
| Cap Rate | 10.97% |
| Sale Type | Investment |
| Status | Pending |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 17,045 SF |
| Total Land Area | 3.25 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 7b Kirkland Ave, Mansfield NG18 5QP | Flex | 1,237 SF | 1970 | - |
| Kirkland Ave, Mansfield NG18 5QP | Industrial | 6,903 SF | 1975 | - |
| Kirkland Ave, Mansfield NG18 5QP | Industrial | 4,096 SF | 1975 | - |
|
Kirkland Avenue Industrial Estate
Kirkland Ave, Mansfield NG18 5QP |
Industrial | 1,234 SF | 1962 | - |
| Kirkland Ave, Mansfield NG18 5QP | Industrial | 1,115 SF | 1967 | - |
| 7A Kirkland Av Industrial Park, Kirkland Ave, Mansfield NG18 5QP | Industrial | - | - | - |
|
Units 10-11
Kirkland Av, Mansfield NG18 5QP |
Retail | 2,460 SF | 1930 | - |
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Kirkland Avenue Industrial Estate
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