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Unit 2 Hassall Rd 21,901 sq ft Industrial Property Skegness PE25 3TB £700,000 (£31.96/sq ft) 8.82% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Loading, circulation and parking to the front
- Good road communications
- Convenient position within an established industrial estate
EXECUTIVE SUMMARY
The Freehold of the property is available For Sale, subject to a Full Repairing and Insuring lease (subject to a schedule of condition) to Unique Car Mats (U.K.) Limited for a period of years to expire on the 30th November 2031 at a commencing rental of £65,000 p.a.x.
PROPERTY FACTS
| Price | £700,000 | Total Plot Size | 0.45 ac |
| Price per sq ft | £31.96 | Net Internal Area (NIA) | 21,901 sq ft |
| Sale Type | Investment | No. Floors | 2 |
| Yield | 8.82% | Year Built | 1965 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | Parking Allocation | 0.27/1,000 sq ft |
| Property Subtype | Manufacturing | No. Drive In / Grade-Level Doors | 1 |
| Costar Property Class | C |
| Price | £700,000 |
| Price per sq ft | £31.96 |
| Sale Type | Investment |
| Yield | 8.82% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Costar Property Class | C |
| Total Plot Size | 0.45 ac |
| Net Internal Area (NIA) | 21,901 sq ft |
| No. Floors | 2 |
| Year Built | 1965 |
| Tenancy | Single |
| Parking Allocation | 0.27/1,000 sq ft |
| No. Drive In / Grade-Level Doors | 1 |
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Unit 2 | Hassall Rd
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