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Hassall Rd 5,047 SF Industrial Condo Unit Offered at $513,159 CAD in Skegness PE25 3TB
Investment Highlights
- Ample parking
- Good road communications
- Rear yard area
Executive Summary
The property comprises two terrace industrial units of steel portal frame construction with brick/block elevations and a steel clad roof. The property is located on the principal industrial site within the Skegness region.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Cap Rate | 8.05% |
| Sale Type | Investment |
| Cap Rate | 8.05% |
| Tenure | Freehold |
Description
The property comprises two terrace industrial units of steel portal frame construction with brick/block elevations and a steel clad roof. Internally both units comprise a mix of open plan industrial storage, office space and staff breakout area/kitchen. The units are fitted with concrete floors, LED lights and roller shutter doors.
Sale Notes
Offers in the excess of £275,000 are invited for the Freehold interest subject to the occupational tenancies. This reflects a Net Initial Yield of 8.05%.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 3A-3B | 5,047 SF | Industrial | $513,159 CAD ($101.68 CAD/SF) | $41,309.33 CAD |
Unit 3A-3B
| Unit Size |
| 5,047 SF |
| Condo Use |
| Industrial |
| Price |
| $513,159 CAD ($101.68 CAD/SF) |
| NOI |
| $41,309.33 CAD |
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Unit 3A-3B
| Unit Size | 5,047 SF |
| Condo Use | Industrial |
| Price | $513,159 CAD ($101.68 CAD/SF) |
| NOI | $41,309.33 CAD |
| Sale Type | Investment |
| Cap Rate | 8.05% |
| Tenure | Freehold |
| Description | |
| The property comprises two terrace industrial units of steel portal frame construction with brick/block elevations and a steel clad roof. Internally both units comprise a mix of open plan industrial storage, office space and staff breakout area/kitchen. The units are fitted with concrete floors, LED lights and roller shutter doors.</li></ul> | |
| Sale Notes | |
| Offers in the excess of £275,000 are invited for the Freehold interest subject to the occupational tenancies. This reflects a Net Initial Yield of 8.05%.</li></ul> |
Property Facts Sale Pending
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 | 5,588 SF | Typical Floor Size | 5,588 SF |
| Property Type | Industrial (Condo) | Year Built | 1980 |
| Property Subtype | Warehouse | Lot Size | 0.14 AC |
| Building Class | B | Parking Ratio | 1.78/1,000 SF |
| Floors | 1 |
| Total Building Size | 5,588 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 5,588 SF |
| Year Built | 1980 |
| Lot Size | 0.14 AC |
| Parking Ratio | 1.78/1,000 SF |
Amenities
- Front Loading
Utilities
- Lighting
- Gas
- Water - City
- Sewer - City
- Heating
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Hassall Rd
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