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James Carter Rd 104,737 sq ft Industrial Property Mildenhall IP28 7RD £4,600,000 (£43.92/sq ft) 7.40% Net Initial Yield
Investment Highlights
- Established industrial estate
- Close to major employers
- Easy access to Norwich and Cambridge
Executive Summary
Freehold long let industrial manufacturing and warehouse facility with annual fixed uplifts.
Let to Silverline Office Equipment Limited for a term of 25 years from 18 July 2019 giving an unexpired term of 18 years, 11 months.
Passing rent of £352,244.84 per annum equating to a very low £3.46 psf, subject to annual fixed uplifts of 3%. The next uplift is due on 18 July 2026.
Let to Silverline Office Equipment Limited for a term of 25 years from 18 July 2019 giving an unexpired term of 18 years, 11 months.
Passing rent of £352,244.84 per annum equating to a very low £3.46 psf, subject to annual fixed uplifts of 3%. The next uplift is due on 18 July 2026.
Property Facts
| Price | £4,600,000 | Net Internal Area (NIA) | 104,737 sq ft |
| Price per sq ft | £43.92 | No. Floors | 1 |
| Sale Type | Investment | Year Built | 1999 |
| Yield | 7.40% | Tenancy | Single |
| Tenure | Freehold | Parking Allocation | 1.28/1,000 sq ft |
| Property Type | Industrial | Eaves Height | 24 ft (7.32 m) |
| Costar Property Class | B | No. Dock-High Doors/Loading | 4 |
| Total Plot Size | 4.92 ac | No. Drive In / Grade-Level Doors | 6 |
| Price | £4,600,000 |
| Price per sq ft | £43.92 |
| Sale Type | Investment |
| Yield | 7.40% |
| Tenure | Freehold |
| Property Type | Industrial |
| Costar Property Class | B |
| Total Plot Size | 4.92 ac |
| Net Internal Area (NIA) | 104,737 sq ft |
| No. Floors | 1 |
| Year Built | 1999 |
| Tenancy | Single |
| Parking Allocation | 1.28/1,000 sq ft |
| Eaves Height | 24 ft (7.32 m) |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 6 |
Amenities
- Conferencing Facility
- Skylights
- Yard
- EPC - C
- Car Charging Station
- Air Conditioning
Utilities
- Lighting - LED
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James Carter Rd
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