Mercantile Rd - Industrial FOR SALE


Houghton Le Spring, TWR DH4 5PH
$2,852,000 USD
Mercantile Rd, Houghton Le Spring, TWR for Sale
$2,852,000 USD
Industrial - FOR SALE
1/2
null | Request Cap Rate

Mercantile Rd
Houghton Le Spring, TWR DH4 5PH


HIGHLIGHTS

  • Large secure fenced yard
  • Located next to the A690
  • Parking

OVERVIEW

The property is available freehold at offers over £2,852,000 or by way of a new FRI lease for a term to be agreed at a rent of £230,500 pa. The property comprises a modern detached industrial unit constructed in 2015/16 of steel portal frame with insulated flat panels to the elevations and insulated steel cladding to the roof incorporating translucent roof lights. Internally there is a breeze block inner plinth wall to 2.3m. The property has an eaves height of 10m to underside of haunch. There are currently two 8 tonne gantry cranes within the warehouse which are 7m to underside of beam. The warehouse also benefits from a full electrical distribution system, compressed air, gas heating and LED lighting. There is a full-height glazed reception area to the north west elevation and a two-story office block to the northern elevation. The office provides canteen, open plan office, meeting rooms, board room, kitchen and WC facilities. The offices are fully carpeted and have suspended ceilings with air handling and lighting. Externally there is a secure fenced concrete yard to the eastern elevation accessed via a 4m(w) x 5m(h) and a 4m(w) x 4m(h) up and over electrically operated roller shutter doors. To the northern elevation there is car parking for approximately 42 cars which includes 12 EV charging points.

FOR SALE DETAILS

PRICE

$2,852,000 USD

PRICE/SF

$99 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Expert

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.56

LAND SF

67,993

ZONING

-

APN/PARCEL ID

TY522740

ASK ABOUT THIS PROPERTY

Nick AtkinsonHTA Real EstateMore Info

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