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Wilverley Rd 4,305 sq ft Industrial Unit Offered at £465,000 in Christchurch BH23 3RU
INVESTMENT HIGHLIGHTS
- Tenant in occupation since 2018
- NIY of 7% assuming purchasers costs of 4.54%
- Freehold - Title Number DT272106
EXECUTIVE SUMMARY
The property is situated on Somerford Business Park which forms part of the well established Wilverley Road industrial area in Christchurch. The development is conveniently located close to the junction of Wilverley Road and Somerford Road. Somerford Road leads directly to the main A35 Christchurch bypass dual carriageway and the A337 Lymington Road. Christchurch town centre is approximately 2 miles distant.
PROPERTY FACTS
| Total Property Size | 78,484 sq ft | Typical Floor Size | 24,134 sq ft |
| Property Type | Industrial (Unit) | Year Built | 1986 |
| Property Subtype | Warehouse | Total Plot Size | 1.80 ac |
| Costar Property Class | C | Parking Allocation | 0.15/1,000 sq ft |
| Floors | 2 |
| Total Property Size | 78,484 sq ft |
| Property Type | Industrial (Unit) |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Floors | 2 |
| Typical Floor Size | 24,134 sq ft |
| Year Built | 1986 |
| Total Plot Size | 1.80 ac |
| Parking Allocation | 0.15/1,000 sq ft |
AMENITIES
- Roller Shutters
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
1 UNIT AVAILABLE
Unit 11
| Unit Size | 4,305 sq ft | Sale Type | Investment |
| Price | £465,000 | Tenure | Freehold |
| Price Per sq ft | £108.01 | Net Initial Yield | 7.31% |
| Unit Use | Industrial | NOI | £34,000 |
| Unit Size | 4,305 sq ft |
| Price | £465,000 |
| Price Per sq ft | £108.01 |
| Unit Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 7.31% |
| NOI | £34,000 |
DESCRIPTION
The premises comprise a mid terrace industrial/warehouse unit of brick
outer, blockwork inner wall construction with steel cladding to the upper
elevations. There is a steel portal frame supporting a mono pitched roof
incorporating daylight panels.
SALE NOTES
£465,000 which reflects a NIY of 7% assuming purchasers costs of 4.54%,
subject to contract
Presented by
Wilverley Rd
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