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Amazon Queens Rd 91,077 sq ft 4-Star Industrial Property Belfast BT3 9DT £28,830,000 (£316.55/sq ft) 6% Net Initial Yield
Investment Highlights
- Great location
- Comprises a 91,077 sq ft distribution warehouse, & 320,108 sq ft van park
- Easy access to Belfast Port & excellent connectivity to Belfast City Centre
Executive Summary
Offers in excess of £28,830,000 (Twenty Eight Million, Eight Hundred and Thirty Thousand Pounds Sterling) for our clients long leasehold interest, excluding VAT. A purchase at this level would reflect an attractive net initial yield of 6.00% and a capital value of £70 per sq ft assuming purchasers costs of 6.76%.
Property Facts Sale Pending
| Price | £28,830,000 | Costar Property Class | B |
| Price per sq ft | £316.55 | Total Plot Size | 9.50 ac |
| Sale Type | Investment | Net Internal Area (NIA) | 91,077 sq ft |
| Yield | 6% | No. Floors | 1 |
| Tenure | Freehold | Year Built | 2020 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Distribution Warehouses | Parking Allocation | 5.7/1,000 sq ft |
| Price | £28,830,000 |
| Price per sq ft | £316.55 |
| Sale Type | Investment |
| Yield | 6% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Distribution Warehouses |
| Costar Property Class | B |
| Total Plot Size | 9.50 ac |
| Net Internal Area (NIA) | 91,077 sq ft |
| No. Floors | 1 |
| Year Built | 2020 |
| Tenancy | Single |
| Parking Allocation | 5.7/1,000 sq ft |
Amenities
- Security System
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Amazon | Queens Rd
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