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Blaydon Industrial Estate Chainbridge Rd 82,740 sq ft 91% 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
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 | Parking Allocation | 0.05/1,000 sq ft |
| Property Type | Industrial | Eaves Height | 29 ft (8.84 m) |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 2 |
| Costar Property Class | B | No. Drive In / Grade-Level Doors | 4 |
| 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 |
| Parking Allocation | 0.05/1,000 sq ft |
| 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
Space Availability
- Space
- Size
- Space Use
- Fit-Out
- Available
A refurbished mid-terrace industrial unit providing clear open warehouse/workshop accommodation with integrated offices and WCs. The unit benefits from strong eaves height, overhead cranes and access to a shared service yard, making it suitable for a range of industrial and distribution occupiers.
| Space | Size | Space Use | Fit-Out | Available |
| Ground - Unit 1B | 7,508 sq ft | Industrial | Full Fit-Out | Now |
Ground - Unit 1B
| Size |
| 7,508 sq ft |
| Space Use |
| Industrial |
| Fit-Out |
| Full Fit-Out |
| Available |
| Now |
Ground - Unit 1B
| Size | 7,508 sq ft |
| Space Use | Industrial |
| Fit-Out | Full Fit-Out |
| Available | Now |
A refurbished mid-terrace industrial unit providing clear open warehouse/workshop accommodation with integrated offices and WCs. The unit benefits from strong eaves height, overhead cranes and access to a shared service yard, making it suitable for a range of industrial and distribution occupiers.
Presented by
Blaydon Industrial Estate | Chainbridge Rd
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