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Enterprise Rd - Balloo South Business Park 6,297 - 13,173 sq ft Industrial Units Offered at £1,200,000 Per Unit in Bangor BT19 7TA
INVESTMENT HIGHLIGHTS
- Established trading location
- Close to the junction with the A21 Bangor to Newtownards dual carriageway on the outskirts of Bangor
- Modern industrial premises
PROPERTY FACTS
| Total Property Size | 20,727 sq ft | Floors | 3 |
| Property Type | Industrial | Typical Floor Size | 6,909 sq ft |
| Property Subtype | Service | Year Built | 2003 |
| Costar Property Class | B | Parking Allocation | 0.29/1,000 sq ft |
| Total Property Size | 20,727 sq ft |
| Property Type | Industrial |
| Property Subtype | Service |
| Costar Property Class | B |
| Floors | 3 |
| Typical Floor Size | 6,909 sq ft |
| Year Built | 2003 |
| Parking Allocation | 0.29/1,000 sq ft |
AMENITIES
- Roller Shutters
UTILITIES
- Lighting - Fluorescent
2 UNITS AVAILABLE
Unit 21
| Unit Size | 13,173 sq ft | Sale Type | Investment |
| Price | £1,200,000 | Tenure | Long Leasehold |
| Price Per sq ft | £91.10 | Net Initial Yield | 8.16% |
| Unit Use | Industrial | NOI | £97,900 |
| Unit Size | 13,173 sq ft |
| Price | £1,200,000 |
| Price Per sq ft | £91.10 |
| Unit Use | Industrial |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Net Initial Yield | 8.16% |
| NOI | £97,900 |
DESCRIPTION
The property comprises a modern steel portal frame factory / warehouse property split into two separate units.
Unit 21 is currently used as a car body repair centre with workshop space, ancillary offices, mezzanine storage and WC facilities. It benefits from a single loading door, dedicated car parking and a secure yard to the rear of the property.
SALE NOTES
Currently let to Komoo on a 10 year lease from 1 September 2023 with a 5 year tenants break option/ rent review.
Unit 21A
| Unit Size | 6,297 sq ft | Sale Type | Investment |
| Price | £1,200,000 | Tenure | Long Leasehold |
| Price Per sq ft | £190.57 | Net Initial Yield | 8.16% |
| Unit Use | Industrial | NOI | £97,900 |
| Unit Size | 6,297 sq ft |
| Price | £1,200,000 |
| Price Per sq ft | £190.57 |
| Unit Use | Industrial |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Net Initial Yield | 8.16% |
| NOI | £97,900 |
DESCRIPTION
The property comprises a modern steel portal frame factory / warehouse property split into two separate units.
Unit 21A is separately let, being self contained with its own office, integral ground floor entrance area leading to first floor office, kitchen and WC facilities. There is a single loading door and marshalling area externally together with dedicated car parking.
SALE NOTES
Currently let to Priory Press Packaging Ltd on a 5 year lease from 01/08/2021.
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Enterprise Rd - Balloo South Business Park
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