Offers over
£1,545,000
(£78.53/sq. ft)
Property for saleParkway Business Centre, Deeside Industrial Park, Deeside, Flintshire CH5
19,673 sq. ft
About this property
High yielding fully let Business Park investment
Awult to expiry of c.3.07 years and c.2.80 years to break.
Extensive parking
Located at the heart of Deeside Industrial Park
Low capital value of £79 psf
Opportunities for asset management
£1,545,000 +
£79 psf capital value
Niy 11.53%
Located on Deeside Industrial Park - one of the premier business locations in N Wales
Fronting Parkway - the main arterial route through the estate
19,673 sq ft across 10 units
100% let to 5 tenants including Booker Limited (37% of income)
Passing rent of £189,578 per annum reflecting £9.64 psf
awult to expiry of c.3.07 years and c.2.80 years to break.
Established erv of £10 psf
1.15 acre site with the potential for future redevelopment/ alternative uses
Freehold.
We are instructed to seek offers in excess of £1,545,000 (One Million Five Hundred and Forty Five Thousand Pounds)
subject to contract and exclusive of VAT.
A purchase at this level reflects a Net Initial Yield of 11.53% and a Low Capital Value of £79 per sq ft, assuming standard
purchasers low costs of 6.36%.
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