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Caledonia House Longford Av 100,929 sq ft 100% Let Industrial Property Kilwinning KA13 6EX £500,000 (£4.95/sq ft) 14.50% Net Initial Yield
Investment Highlights
- Multi-let industrial estate with diversified income
- Asset management and redevelopment opportunity
- Low capital value with strong reversion potential
Executive Summary
Freehold multi-let industrial investment offered at offers over £500,000, reflecting a low capital value with significant reversionary potential. The asset produces approximately £72,500 per annum with scope to increase toward an ERV of £120,000 per annum through active asset management and letting of vacant units. VAT is not applicable to the purchase.
Property Facts
| Price | £500,000 | Property Subtype | Manufacturing |
| Price per sq ft | £4.95 | Costar Property Class | C |
| Sale Type | Investment | Net Internal Area (NIA) | 100,929 sq ft |
| Yield | 14.50% | No. Floors | 2 |
| Tenure | Freehold | Year Built | 1953 |
| Property Type | Industrial | No. Drive In / Grade-Level Doors | 6 |
| Price | £500,000 |
| Price per sq ft | £4.95 |
| Sale Type | Investment |
| Yield | 14.50% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Costar Property Class | C |
| Net Internal Area (NIA) | 100,929 sq ft |
| No. Floors | 2 |
| Year Built | 1953 |
| No. Drive In / Grade-Level Doors | 6 |
Amenities
- Fenced Lot
- Security System
- Yard
- Roller Shutters
- Storage Space
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Caledonia House | Longford Av
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