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Hawksdrum House Marshfield Bank 19,758 sq ft Industrial Property Crewe CW2 8UY £1,900,000 (£96.16/sq ft) 7.70% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Prominent location in an established industrial location
- Site area of 0.97 acres
- Less than 1 mile south of Bentley Motors assembly plant
- Located 2 miles west of Crewe Town Centre
EXECUTIVE SUMMARY
The property was constructed in 1999 and comprises a detached steel portal framed industrial unit extending to approximately 19,758 sq ft (GIA). The workshop accommodation comprises front and rear sections with two side loading roller shutter doors and a single front elevation roller shutter door.
Instructed to seek offers in excess of £1,900,000 (One Million Nine Hundred Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial Yield of 7.7%, assuming purchaser’s costs of 7.25% (reflecting a non–TOGC purchase) & capital value of £96 per sq ft.
Instructed to seek offers in excess of £1,900,000 (One Million Nine Hundred Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial Yield of 7.7%, assuming purchaser’s costs of 7.25% (reflecting a non–TOGC purchase) & capital value of £96 per sq ft.
PROPERTY FACTS
| Price | £1,900,000 | Costar Property Class | C |
| Price per sq ft | £96.16 | Total Plot Size | 0.96 ac |
| Sale Type | Investment | Net Internal Area (NIA) | 19,758 sq ft |
| Yield | 7.70% | No. Floors | 3 |
| Tenure | Freehold | Year Built | 2016 |
| Property Type | Industrial | Tenancy | Single |
| Price | £1,900,000 |
| Price per sq ft | £96.16 |
| Sale Type | Investment |
| Yield | 7.70% |
| Tenure | Freehold |
| Property Type | Industrial |
| Costar Property Class | C |
| Total Plot Size | 0.96 ac |
| Net Internal Area (NIA) | 19,758 sq ft |
| No. Floors | 3 |
| Year Built | 2016 |
| Tenancy | Single |
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Hawksdrum House | Marshfield Bank
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