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Albion Court Albion Way 3,763 SF Industrial Building Blyth NE24 5BW $843,938 CAD ($224.27 CAD/SF) 8.58% Cap Rate
INVESTMENT HIGHLIGHTS
- Prominently located hybrid unit providing both office and light industrial
- Nearby occupiers include B&M Store, Farmfoods and Franks Flooring located at Albion Retail Park
- 5 minutes from Blyth Town Centre
- c20 parking bays with EV charging points
- Good transport links; close to A189 Spine Road and A19
EXECUTIVE SUMMARY
Offers in excess of £450,000 (Four Hundred and Fifty Thousand Pounds) subject to and exclusive of VAT.
At ground floor, the unit includes a reception area, open plan office with cellular suites, kitchen, WC facilities, and a functional industrial garage suitable for vehicle repair or workshop use. The warehouse is served by an electric roller shutter loading door measuring approximately 3.0 m wide by 3.0 m high, providing efficient access for servicing, deliveries and trade operations. The industrial space benefits from an apex height of approximately 6.0 m and eaves height of approximately 3.12 m, offering strong clearance and operational flexibility.
The first floor offers additional office accommodation together with further storage space.
Externally, the property benefits from approximately 20 car parking spaces, including electric vehicle charging points.
At ground floor, the unit includes a reception area, open plan office with cellular suites, kitchen, WC facilities, and a functional industrial garage suitable for vehicle repair or workshop use. The warehouse is served by an electric roller shutter loading door measuring approximately 3.0 m wide by 3.0 m high, providing efficient access for servicing, deliveries and trade operations. The industrial space benefits from an apex height of approximately 6.0 m and eaves height of approximately 3.12 m, offering strong clearance and operational flexibility.
The first floor offers additional office accommodation together with further storage space.
Externally, the property benefits from approximately 20 car parking spaces, including electric vehicle charging points.
PROPERTY FACTS
| Price | $843,938 CAD | Lot Size | 0.30 AC |
| Price Per SF | $224.27 CAD | Rentable Building Area | 3,763 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 8.58% | Year Built | 1970 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.92/1,000 SF |
| Property Subtype | Service |
| Price | $843,938 CAD |
| Price Per SF | $224.27 CAD |
| Sale Type | Investment |
| Cap Rate | 8.58% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Service |
| Lot Size | 0.30 AC |
| Rentable Building Area | 3,763 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Tenancy | Single |
| Parking Ratio | 2.92/1,000 SF |
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Albion Court | Albion Way
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