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Blaydon Industrial Estate Chainbridge Rd 82,740 sq ft 100% Let Industrial Property Blaydon On Tyne NE21 5ST £5,000,000 (£60.43/sq ft) 7.08% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Extremely well-connected property, directly adjacent to the A1(M)
- An average in excess of 34,000 motor vehicles pass A695 every day (2023)
- Excellent prominence from the A695 (Blaydon Highway)
- Site area of approximately 7 acres
EXECUTIVE SUMMARY
Extremely prominent multi-let industrial investment with future redevelopment potential.
For sale - Offers in excess of £5,000,000 (Five Million Pounds) exclusive of VAT. A sale at this level reflects a net initial yield of 7.08% and a
conservative reversionary yield of 8.91% assuming standard purchasers costs of 6.59%. A sale at £5m reflects a capital value of £60.43 psf.
For sale - Offers in excess of £5,000,000 (Five Million Pounds) exclusive of VAT. A sale at this level reflects a net initial yield of 7.08% and a
conservative reversionary yield of 8.91% assuming standard purchasers costs of 6.59%. A sale at £5m reflects a capital value of £60.43 psf.
PROPERTY FACTS
| Price | £5,000,000 | Total Plot Size | 6.05 ac |
| Price per sq ft | £60.43 | Net Internal Area (NIA) | 82,740 sq ft |
| Sale Type | Investment | No. Floors | 2 |
| Yield | 7.08% | Year Built | 1986 |
| Tenure | Freehold | Eaves Height | 29 ft (8.84 m) |
| Property Type | Industrial | No. Dock-High Doors/Loading | 2 |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 4 |
| Costar Property Class | B |
| Price | £5,000,000 |
| Price per sq ft | £60.43 |
| Sale Type | Investment |
| Yield | 7.08% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Total Plot Size | 6.05 ac |
| Net Internal Area (NIA) | 82,740 sq ft |
| No. Floors | 2 |
| Year Built | 1986 |
| Eaves Height | 29 ft (8.84 m) |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 4 |
AMENITIES
- Yard
- Roller Shutters
UTILITIES
- Lighting
- Water
- Sewer
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Blaydon Industrial Estate | Chainbridge Rd
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