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Tiber Way 29,585 sq ft Industrial Property Leicester LE19 1QP £3,495,000 (£118.13/sq ft) 6.13% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Offering fast and easy access to Meridian South
- Premium industrial location in Meridian Way, Leicester
- 20 miles away from East Midlands airport
EXECUTIVE SUMMARY
Premium industrial location in Meridian Way, Leicester. Current rent of £226,500 per annum. There is an open market rent review in October 2029.
PROPERTY FACTS
| Price | £3,495,000 | Total Plot Size | 1.01 ac |
| Price per sq ft | £118.13 | Net Internal Area (NIA) | 29,585 sq ft |
| Sale Type | Investment | No. Floors | 2 |
| Yield | 6.13% | Year Built | 2000 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | Parking Allocation | 0.88/1,000 sq ft |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Costar Property Class | B |
| Price | £3,495,000 |
| Price per sq ft | £118.13 |
| Sale Type | Investment |
| Yield | 6.13% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Total Plot Size | 1.01 ac |
| Net Internal Area (NIA) | 29,585 sq ft |
| No. Floors | 2 |
| Year Built | 2000 |
| Tenancy | Single |
| Parking Allocation | 0.88/1,000 sq ft |
| No. Drive In / Grade-Level Doors | 2 |
AMENITIES
- Fenced Lot
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Tiber Way
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