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Kirkland Avenue Industrial Estate 7 Properties Offered at £1,000,000 in Mansfield
INVESTMENT HIGHLIGHTS
- Established industrial park
- Lots of yard space
- Located next to vacant developable land
EXECUTIVE SUMMARY
This is a Multi let Industrial estate investment for sale comprising 15 units ranging in sizes from 295sqft - 4,105 sqft and 3 yard areas which have been let out. The estate offers significant asset management opportunities as well as scope to extend onto undeveloped land or for wholesale redevelopment of the site perhaps for alternative uses (subject to all necessary consents). The entire estate comprises 1.733 acres. Current passing rent: £115,650 per annum. Offers in the region of £1,000,000 which reflects a Net Initial Yield of 10.97% (after usual purchasers costs of 5.45%).
PROPERTY FACTS
| Price | £1,000,000 | Number of Properties | 7 |
| Price psf | £58.67 / sq ft | Individually For Sale | 0 |
| Yield | 10.97% | Total Property Size | 17,045 sq ft |
| Sale Type | Investment | Total Land Area | 3.25 ac |
| Status | Pending |
| Price | £1,000,000 |
| Price psf | £58.67 / sq ft |
| Yield | 10.97% |
| Sale Type | Investment |
| Status | Pending |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Property Size | 17,045 sq ft |
| Total Land Area | 3.25 ac |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| Kirkland Ave, Mansfield NG18 5QP | Industrial | 6,903 sq ft | 1975 | - |
| Kirkland Ave, Mansfield NG18 5QP | Industrial | 4,096 sq ft | 1975 | - |
|
Kirkland Avenue Industrial Estate
Kirkland Ave, Mansfield NG18 5QP |
Industrial | 1,234 sq ft | 1962 | - |
| Kirkland Ave, Mansfield NG18 5QP | Industrial | 1,115 sq ft | 1967 | - |
| 7A Kirkland Av Industrial Park, Kirkland Ave, Mansfield NG18 5QP | Industrial | - | - | - |
| 7b Kirkland Ave, Mansfield NG18 5QP | Light Industrial | 1,237 sq ft | 1970 | - |
|
Units 10-11
Kirkland Av, Mansfield NG18 5QP |
Retail | 2,460 sq ft | 1930 | - |
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Kirkland Avenue Industrial Estate
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