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Addington Business Park 5 Properties Offered at £2,750,000 in Buckingham
INVESTMENT HIGHLIGHTS
- The estate comprises detached industrial units of steel and concrete frame construction with dado block and profiled metal cladding
- Communal facilities include a shared yard to the front of Units 1 and 4, additional vehicle access to the rear, and communal WCs adjacent to Unit 1.
- Units benefit from secure gated access via Verney Road, with sitewide CCTV operated by the landlord
EXECUTIVE SUMMARY
Opportunity for redevelopment of the standing steel structure at the rear of the site. Offers in excess of £2.75 million
We are instructed to seek offers in excess of £2.75m (subject to contract and exclusive of VAT).
A purchase at this level reflects:
-A net initial yield of 8.49% (assuming purchaser’s costs of 6.25%)
-A low capital value of £84 per sq ft
-A site value of £598,000 per acre
We are instructed to seek offers in excess of £2.75m (subject to contract and exclusive of VAT).
A purchase at this level reflects:
-A net initial yield of 8.49% (assuming purchaser’s costs of 6.25%)
-A low capital value of £84 per sq ft
-A site value of £598,000 per acre
PROPERTY FACTS
| Price | £2,750,000 | Number of Properties | 5 |
| Price psf | £112.70 / sq ft | Individually For Sale | 0 |
| Yield | 8.49% | Total Property Size | 24,402 sq ft |
| Sale Type | Investment | Total Land Area | 8.74 ac |
| Status | Active |
| Price | £2,750,000 |
| Price psf | £112.70 / sq ft |
| Yield | 8.49% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Property Size | 24,402 sq ft |
| Total Land Area | 8.74 ac |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| Unit Addington Business Park, Buckingham MK18 2JX | Industrial | 3,533 sq ft | 1950 | - |
|
Unit 7
Verney Rd, Buckingham MK18 2JX |
Industrial | 3,411 sq ft | 1962 | - |
| Verney Rd, Buckingham MK18 2JX | Industrial | 2,670 sq ft | 1963 | - |
|
Addington Business Park
Verney Rd, Buckingham MK18 2JX |
Light Industrial | 9,450 sq ft | 1962 | - |
|
Addington Business Park
Verney Rd, Buckingham MK18 2JX |
Light Industrial | 5,338 sq ft | 1963 | - |
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Addington Business Park
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