64 Trafalgar Rd - Light Manufacturing FOR SALE


Kettering, NTH NN16 8DD
$1,600,000 USD
64 Trafalgar Rd, Kettering, NTH for Sale
$1,600,000 USD
Light Manufacturing - FOR SALE
1/3
null | 7.88% Cap Rate

64 Trafalgar Rd
Kettering, NTH NN16 8DD


HIGHLIGHTS

  • Potential for income growth thru asset management
  • Multi Let Light Industrial Courtyard
  • Would suit investors

OVERVIEW

The total space is approx. 27,577 sq.ft and the total income being generated is currently £108,130 with Unit 5 front currently under offer to let at £18,000 pax giving a total income of £126,130 . Guide Price for the Freehold is £1.6 million which represents a gross initial yield of 7.88% assuming all parts occupied and a low capital value of £58 psf. Potenital for rental growth via asset management.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$58 USD /SF

CAP RATE

7.88%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

UTILITIES

Lighting - Fluorescent

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.8

LAND SF

35,000

ZONING

-

APN/PARCEL ID

NN231420,NN281607,NN390653

ASK ABOUT THIS PROPERTY

Kevin O'DellBerrysMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Kevin O'DellBerrysMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.