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Herald Way 39,895 sq ft Industrial Property Coventry CV3 2RQ £3,630,000 (£90.99/sq ft) 7.75% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Excellent transport links to the M6, M45, M42 and M1 motorways
- Dedicated access via Lifford Way
- Security fenced perimeter
- Modern distribution warehouse
- Car Parking
- 2 level access doors
EXECUTIVE SUMMARY
Investment opportunity for offers in excess of £3,630,000 subject to contract and exclusive of VAT. This reflects a net initial yield of 7.75% and a capital value of £91 psf,
allowing for purchases costs of 6.51%.
allowing for purchases costs of 6.51%.
PROPERTY FACTS
| Price | £3,630,000 | Costar Property Class | B |
| Price per sq ft | £90.99 | Total Plot Size | 1.41 ac |
| Sale Type | Investment | Net Internal Area (NIA) | 39,895 sq ft |
| Yield | 7.75% | No. Floors | 3 |
| Tenure | Freehold | Year Built | 2001 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse |
| Price | £3,630,000 |
| Price per sq ft | £90.99 |
| Sale Type | Investment |
| Yield | 7.75% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Total Plot Size | 1.41 ac |
| Net Internal Area (NIA) | 39,895 sq ft |
| No. Floors | 3 |
| Year Built | 2001 |
| Tenancy | Single |
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Herald Way
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