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Unit 1 Sir William Rd 5,072 SF Industrial Building Arbroath DD11 3RD $266,937 ($52.63/SF) 8.77% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Roller shutter door
  • Located on the east side of Sir William Smith Road
  • Located within medium sized industrial estate with good road links

EXECUTIVE SUMMARY

The subjects comprise a semi-detached industrial property which forms part of a small development built in 2010. The property is leased to PKS Group Ltd until 31st January 2026 at a passing rent of £18,000 per annum. The lease is subject to an upwards only rent review on 1st February 2024. A copy of the lease is available on request.

PROPERTY FACTS

Price $266,937
Price Per SF $52.63
Sale Type Investment
Cap Rate 8.77%
Tenure Freehold
Property Type Industrial
Building Class C
Lot Size 0.13 AC
Rentable Building Area 5,072 SF
No. Stories 1
Year Built 2010
Tenancy Single
Parking Ratio 1.18/1,000 SF

AMENITIES

  • Mezzanine
  • Energy Performance Rating - B
  • Demised WC facilities

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
  • Listing ID: 31201777

  • Date on Market: 3/13/2024

  • Last Updated:

  • Address: Sir William Rd, Arbroath DD11 3RD

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