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Macklin Ave 24,800 sq ft Industrial Property Billingham TS23 4BY £1,500,000 (£60.48/sq ft) 7.44% Net Initial Yield
Executive Summary
Lot 25 was available for sale at an Allsop online auction that was held on Tuesday 4th of November 2025.
The property comprises a freehold investment opportunity for sale.
The asking price is £1,500,000+, representing a gross initial yield of 7.44%.
The property comprises a freehold investment opportunity for sale.
The asking price is £1,500,000+, representing a gross initial yield of 7.44%.
Property Facts
| Price | £1,500,000 | Costar Property Class | B |
| Price per sq ft | £60.48 | Total Plot Size | 2.50 ac |
| Sale Type | Investment | Net Internal Area (NIA) | 24,800 sq ft |
| Yield | 7.44% | No. Floors | 2 |
| Tenure | Freehold | Year Built | 1980 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 5 |
| Price | £1,500,000 |
| Price per sq ft | £60.48 |
| Sale Type | Investment |
| Yield | 7.44% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Total Plot Size | 2.50 ac |
| Net Internal Area (NIA) | 24,800 sq ft |
| No. Floors | 2 |
| Year Built | 1980 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 5 |
Amenities
- Security System
- Yard
- Roller Shutters
- Storage Space
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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Macklin Ave
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