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Jewson Ltd Gatehouse Way 20,791 sq ft Industrial Property Aylesbury HP19 8DX £3,220,000 (£154.87/sq ft) 6% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Located 2 miles north-west of Aylesbury town centre, with direct access via the A41 and A418.
- Freehold 1.76 acre site with low building cover of 28% and secure yard.
- Features a large service yard, customer parking, and external racking.
EXECUTIVE SUMMARY
We are instructed to seek offers in excess of £3,220,000 (THREE MILLION TWO HUNDRED AND TWENTY THOUSAND POUNDS) subject to contract and exclusive of VAT.
An acquisition at this level would reflect an attractive NET INITIAL YIELD OF 6.00%, assuming standard purchaser’s costs.
Let to Stark Building Materials UK Ltd (trading as Jewson) on a new 15-year lease, with a tenant only break in year 10.
An acquisition at this level would reflect an attractive NET INITIAL YIELD OF 6.00%, assuming standard purchaser’s costs.
Let to Stark Building Materials UK Ltd (trading as Jewson) on a new 15-year lease, with a tenant only break in year 10.
PROPERTY FACTS
| Price | £3,220,000 | Costar Property Class | B |
| Price per sq ft | £154.87 | Total Plot Size | 1.76 ac |
| Sale Type | Investment | Net Internal Area (NIA) | 20,791 sq ft |
| Yield | 6% | No. Floors | 1 |
| Tenure | Freehold | Year Built | 1987 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 5 |
| Price | £3,220,000 |
| Price per sq ft | £154.87 |
| Sale Type | Investment |
| Yield | 6% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Total Plot Size | 1.76 ac |
| Net Internal Area (NIA) | 20,791 sq ft |
| No. Floors | 1 |
| Year Built | 1987 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 5 |
AMENITIES
- Fenced Lot
- Security System
- Yard
- Roller Shutters
- Storage Space
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Jewson Ltd | Gatehouse Way
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