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MKM Building Supplies Trade Counter South Rd 15,250 sq ft Light Industrial Property Peterhead AB42 2XX £3,625,000 (£237.70/sq ft) 5% Net Initial Yield

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Investment Highlights

  • Site provides quick access to the A90 which is the main route in to Peterhead
  • ESG credentials with Solar Panels installed on the roof
  • MKM are an exceptional covenant with an Experian score of 100/100 (Very Low Risk)

Executive Summary

Offers are sought in excess of £3,625,000 (Three Million, Six Hundred and Twenty Five Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial yield of 5.00%, net of purchaser’s costs of 6.51%.

Attachments

Brochure

Property Facts

Price £3,625,000
Price per sq ft £237.70
Sale Type Investment
Yield 5%
Tenure Freehold
Property Type Light Industrial
Property Subtype Showroom
Costar Property Class B
Total Plot Size 0.57 ac
Net Internal Area (NIA) 15,250 sq ft
No. Floors 2
Year Built 2021
Tenancy Single

Amenities

  • 24 Hour Access
  • Listing ID: 24625173

  • Date on Market: 08/12/2021

  • Last Updated:

  • Address: South Rd, Peterhead AB42 2XX

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