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Wavin Plastics St Johns Rd 174,607 sq ft Industrial Property Durham DH7 8RJ £8,000,000 (£45.82/sq ft) 7.50% Net Initial Yield

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Investment Highlights

  • Newly Refurbsihed Industrial Unit
  • Annual Rent of £603,000
  • Let to a Single Occupier - Pragmatic Semiconductor Limited

Executive Summary

This high-specification industrial facility comprises a modern steel portal frame structure, recently recladded to enhance performance and aesthetics.
The building offers a eaves height ranging from 5.6m to 11.6m, accommodating a variety of industrial uses and storage requirements.
Offers in excess of £8,000,000

Attachments

108686_brochure

Property Facts

Price £8,000,000
Price per sq ft £45.82
Sale Type Investment
Yield 7.50%
Tenure Freehold
Property Type Industrial
Property Subtype Manufacturing
Costar Property Class B
Total Plot Size 22.97 ac
Net Internal Area (NIA) 174,607 sq ft
No. Floors 2
Year Built 1985
Tenancy Single
Parking Allocation 0.87/1,000 sq ft
Eaves Height 38 ft (11.58 m)
No. Dock-High Doors/Loading 6
No. Drive In / Grade-Level Doors 6

Amenities

  • Fenced Lot
  • Yard
  • Roller Shutters
  • Storage Space

Utilities

  • Lighting
  • Water
  • Sewer
  • Listing ID: 37141076

  • Date on Market: 06/08/2025

  • Last Updated:

  • Address: St Johns Rd, Durham DH7 8RJ

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