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Mandale Park NE15 11 Properties Offered at $39,105,228 CAD in Multiple Locations

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EXECUTIVE SUMMARY

The portfolio comprises a total of 70 units and is 100% occupied, let to 64 tenants in total reflecting diverse income, with no tenant reflecting more than 3.72% of the total income, and the top 10 tenants reflecting only 24.35% of the total income.
We are instructed to seek offers of £21,000,000 (Twenty One Million Pounds) Subject to Contract and Exclusive of VAT. This reflects a Net Initial Yield of 6.00% after allowing for purchaser’s costs of 6.75%.

ATTACHMENTS

Brochure

PROPERTY FACTS

Price $39,105,228 CAD
Price / SF $277.21 CAD / SF
Cap Rate 6%
Sale Type Investment
Status Active
Number of Properties 11
Individually For Sale 0
Total Building Size 141,065 SF
Total Land Area 112.38 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Cannon Park, Middlesbrough TS1 5RY Industrial 4,650 SF 2023 -
1-3 Punch Street
Punch St, Middlesbrough TS1 5RY
Industrial 41,280 SF 1971 -
Cannon Park, Middlesbrough TS1 5RY Industrial 6,200 SF 2024 -
Urlay Nook Rd, Stockton On Tees TS16 0TA Industrial 13,704 SF 2024 -
Urlay Nook Rd, Stockton On Tees TS16 0GS Industrial 10,976 SF 2024 -
Urlay Nook Rd, Stockton On Tees TS16 0TA Industrial 6,272 SF 2023 -
Lemington Rd, Newcastle Upon Tyne NE15 8BU Industrial 20,510 SF 1990 -
Phase Two, Units 21-25
Lemington Rd, Newcastle Upon Tyne NE15 8BU
Industrial 17,183 SF 2005 -
9-18 Lemington Rd, Newcastle Upon Tyne NE15 8SX Industrial 13,950 SF 2023 -
Cone Building
Lemington Rd, Newcastle Upon Tyne NE15 8BU
Industrial 3,340 SF 1787 -
1306 N 13th St, Norfolk 68 701 Office 3,000 SF 1997 -
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  • Listing ID: 35185934

  • Date on Market: 2025-03-19

  • Last Updated:

  • Address: Mandale Park NE15, Middlesbrough, RCC

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