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1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 1,640 SF
  • Industrial
  • $310,545 CAD ($189.36 CAD/SF)
  • $25,278.37 CAD
Sale Type Investment
Cap Rate 8.14%
Tenure Freehold
Description
Late 20th century industrial building
16.05m (d) x 9.49m (w) measured internally
Portal steel frame construction with 4.20m eaves
Cavity brick & insulated sheet clad elevations with uPVC double glazing to front/side elevations
Insulated 3.49m (w) x 3.15m (h) level access loading door
Insulated sheet clad roof with 10% roof lights
Fluorescent tube lighting
Internal office, kitchen & toilet

Rateable Value of £12,250 effective 1 April 2026.

The property is occupied by two individuals trading as Alupian Auto Centre under the terms of a full repairing and insuring lease for a term of 5 years starting on 1 August 2025. The current rent is £13,800 per annum increasing to £14,400 per annum on 1 August 2027 for the remainder of the term subject to a tenant break option at the end of the second year.
Unit Unit Size Condo Use Price NOI
Unit 1 1,640 SF Industrial $310,545 CAD ($189.36 CAD/SF) $25,278.37 CAD

Unit 1

Unit Size
1,640 SF
Condo Use
Industrial
Price
$310,545 CAD ($189.36 CAD/SF)
NOI
$25,278.37 CAD

Unit 1

Unit Size 1,640 SF
Condo Use Industrial
Price $310,545 CAD ($189.36 CAD/SF)
NOI $25,278.37 CAD
Sale Type Investment
Cap Rate 8.14%
Tenure Freehold
Description
Late 20th century industrial building<br> 16.05m (d) x 9.49m (w) measured internally<br> Portal steel frame construction with 4.20m eaves<br> Cavity brick &amp; insulated sheet clad elevations with uPVC double glazing to front/side elevations<br> Insulated 3.49m (w) x 3.15m (h) level access loading door<br> Insulated sheet clad roof with 10% roof lights<br> Fluorescent tube lighting<br> Internal office, kitchen &amp; toilet<br> <br> Rateable Value of &#163;12,250 effective 1 April 2026.<br> <br> The property is occupied by two individuals trading as Alupian Auto Centre under the terms of a full repairing and insuring lease for a term of 5 years starting on 1 August 2025. The current rent is &#163;13,800 per annum increasing to &#163;14,400 per annum on 1 August 2027 for the remainder of the term subject to a tenant break option at the end of the second year.</li></ul>

Property Facts

The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 13,572 SF
Property Type Industrial (Condo)
Property Subtype Warehouse
Building Class C
Floors 2
Typical Floor Size 8,200 SF
Year Built 1976

Amenities

  • Storage Space
  • Air Conditioning

Utilities

  • Heating - Gas
  • Listing ID: 41621991

  • Date on Market: 2026-08-10

  • Last Updated:

  • Address: 1-5 Emerald Way, Stone ST15 0SR

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