Light industrial for sale in The Ropewalk Industrial Estate, Station Road, Ilkeston DE7

£1,750,000 (£76.24/sq. ft)
Light industrial for sale 22,954 sq. ft*
Interested in this property? Call +44 115 774 9117 * or Request Details

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Property description

Investment

Multi Let Freehold Industrial Estate

40 units let to 32 Tenants

99% let

Currently producing £133,930 per annum

Ability to improve rent roll

Strong track record of lettings

Offers over £1,750,000

Net Initial Yield 7.2%

Reversionary Yield to ERVs of circa 10%

Low capital value of £76 per ft

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
FHP, NG1 on +44 115 774 9117 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by FHP, and do not constitute property particulars. Please contact FHP for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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