Chainbridge Rd - Warehouse FOR SALE


Blaydon On Tyne, TWR NE21 5ST
$5,000,000 USD
166-152-5161
Chainbridge Rd, Blaydon On Tyne, TWR for Sale
$5,000,000 USD
Warehouse - FOR SALE
1/3
null | 7.08% Cap Rate

Chainbridge Rd
Blaydon On Tyne, TWR NE21 5ST


HIGHLIGHTS

  • Extremely well-connected property, directly adjacent to the A1(M)
  • Excellent prominence from the A695 (Blaydon Highway)
  • An average in excess of 34,000 motor vehicles pass A695 every day (2023)
  • Site area of approximately 7 acres

OVERVIEW

Extremely prominent multi-let industrial investment with future redevelopment potential. For sale - Offers in excess of £5,000,000 (Five Million Pounds) exclusive of VAT. A sale at this level reflects a net initial yield of 7.08% and a conservative reversionary yield of 8.91% assuming standard purchasers costs of 6.59%. A sale at £5m reflects a capital value of £60.43 psf.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$60 USD /SF

CAP RATE

7.08%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Blaydon Industrial Estate

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

UTILITIES

Lighting, Water, Sewer

CLEAR CEILING HT

29 Ft

DOCKS

2

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.05

LAND SF

263,329

ZONING

-

APN/PARCEL ID

TY212959,TY292775,TY313643

ASK ABOUT THIS PROPERTY

Daniel CapobassoDelta Capital Property InvestmentMore Info
166-152-5161

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Daniel CapobassoDelta Capital Property InvestmentMore Info
166-152-5161

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