Balcombe Rd - Warehouse CONDO FOR SALE


Horley, SRY RH6 9GA
$950,000 USD
Balcombe Rd, Horley, SRY for Sale
$950,000 USD
Warehouse CONDO - FOR SALE
1/3
null | 6.41% Cap Rate

Balcombe Rd
Horley, SRY RH6 9GA


HIGHLIGHTS

  • Modern Industrial Units
  • Prime Location & Ample Parking
  • Versatile Space

OVERVIEW

Two adjoining, versatile industrial units totaling 8,037 sq ft, situated in a thriving estate near Gatwick Airport. Currently let to Templec Services Ltd on a new 15-year lease at £65,000 per annum, this sale and leaseback opportunity provides a secure income stream with a strong tenant covenant. The property features modern workshop and office space, mezzanine storage, three-phase power, and parking bays. Guide price £950,000 Freehold.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$118 USD /SF

CAP RATE

6.41%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

17,461 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,749 SF

ZONING

-

APN/PARCEL ID

SY581284,SY581866,SY583081,SY587360

ASK ABOUT THIS PROPERTY

Steve LaneRobinsonsMore Info

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