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Next Group plc Arisdale Ave 169,147 sq ft Industrial Property South Ockendon RM15 5SJ £32,000,000 (£189.18/sq ft) 5.42% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Prominent Location
- Parking Available
- Great Transport Links
EXECUTIVE SUMMARY
Seeking offers in excess of £32,000,000 subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial Yield of 5.42% assuming standard purchaser’s cost of 6.7%.
PROPERTY FACTS
| Price | £32,000,000 | Total Plot Size | 8.61 ac |
| Price per sq ft | £189.18 | Net Internal Area (NIA) | 169,147 sq ft |
| Sale Type | Investment | No. Floors | 2 |
| Yield | 5.42% | Year Built | 1985 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | Parking Allocation | 0.53/1,000 sq ft |
| Property Subtype | Distribution Warehouses | No. Dock-High Doors/Loading | 14 |
| Costar Property Class | B | No. Drive In / Grade-Level Doors | 3 |
| Price | £32,000,000 |
| Price per sq ft | £189.18 |
| Sale Type | Investment |
| Yield | 5.42% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Distribution Warehouses |
| Costar Property Class | B |
| Total Plot Size | 8.61 ac |
| Net Internal Area (NIA) | 169,147 sq ft |
| No. Floors | 2 |
| Year Built | 1985 |
| Tenancy | Single |
| Parking Allocation | 0.53/1,000 sq ft |
| No. Dock-High Doors/Loading | 14 |
| No. Drive In / Grade-Level Doors | 3 |
AMENITIES
- Roller Shutters
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Next Group plc | Arisdale Ave
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