Commercial Property in YO15 available for sale
1

Showroom for Sale near the YO15, Bridlington

The max can't be less than the min

Industrial Properties for Sale Near the YO15, Bridlington

More details for Merlin Way, Bridlington - Industrial for Sale

Industrial Unit - Merlin Way

Bridlington, YO15 3QH

  • Industrial for Sale
  • £5,775,000
  • 81,574 sq ft
  • Energy Performance: C
  • Security System

Bridlington Industrial for Sale - East Riding of Yorkshire

We are instructed to seek offers in the region of £5,775,000 (Five Million, Seven Hundred and Seventy Five Thousand pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a yield of 7% after allowing for purchaser’s costs of 6.62% and a capital value of £69.28 sq ft. If the 6 acres is deducted from the purchase price at £600,000, this gives a Capital Value of £62.08 sq ft. The property is held on a Lease to Elliott Group Ltd dated January 7th 2009, for a term of 15 years from December 12th 2008, expiring December 11th 2023. There is a Schedule of Condition dated December 10th 2008 attaching to that Lease, although the Tenant Company has subsequently expended considerable monies in upgrading the building and external areas. The Rent under the current Lease is £361,000 per annum.

Contact:

Andrew Butcher & Associates

Property Subtype:

Warehouse

Date on Market:

14/02/2023
Hide
See More
LoopNet UK North Humberside Bridlington Showrooms For Sale in YO15, Bridlington, UK

Learn More About Investing in Showrooms

More Articles
How Do You Value a Commercial Building?
How Do You Value a Commercial Building?
Key Assessment and Valuation Methods for Property Investment
What is Commercial Property Yield?
What is Commercial Property Yield?
Essential Knowledge for Maximising Your Commercial Property Returns
Understanding Net Initial Yield (NIY)
Understanding Net Initial Yield (NIY)
A Comprehensive Guide for UK Investors
Gross Yield in Commercial Property Analysis
Gross Yield in Commercial Property Analysis
Essential Knowledge for UK Property Investors and Owners
Equivalent Yield Explained: Evaluating Commercial Property Returns
Equivalent Yield Explained: Evaluating Commercial Property Returns
Essential Knowledge for UK Property Investors and Owners
Understanding Reversionary Yield in Commercial Property Investment
Understanding Reversionary Yield in Commercial Property Investment
Calculating Future Potential for UK Property Investors
What is Rental Yield in Commercial Property Investing?
What is Rental Yield in Commercial Property Investing?
Understanding Property Investment Returns and Income Assessment
Internal Rate of Return (IRR) Explained
Internal Rate of Return (IRR) Explained
Maximise Returns on Your UK Commercial Property Portfolio

FAQs about YO15 Showrooms For Sale

Learn More
How many Showroom listings are available for sale in YO15?
There are currently 0 Showrooms on the market in and around YO15.
How much does it cost to buy Showroom in YO15?
Asking prices in YO15 range based on market conditions.

Discover More Showrooms for Sale in the YO15, Bridlington

LoopNet - the worlds No. 1 commercial property marketplace.

Other Property Types
Resources
Major Investment Markets