Log In/Sign Up
Your email has been sent.
Springfield Mills Oakworth Rd 51,869 SF Vacant Industrial Building Keighley BD21 1SL $1,394,934 CAD ($26.89 CAD/SF) 8.86% Cap Rate
INVESTMENT HIGHLIGHTS
- Prominent location
- Asset management opportunity
- Ideal for investment / part owner occupation
- Close to town centre
- Approx £70,000 per annum (gross)
EXECUTIVE SUMMARY
A stone built three storey mill (plus attic and partial basement), generating a gross rent of approximately £70,000 per annum with some vacant space (tenancy details are available upon request). The property has been well maintained and features replacement uPVC to the majority of window openings, biomass boiler, solar panels, mains fed sprinkler system and goods and passenger lifts. Externally, there is ample space some with shared rights together with a dedicated surfaced car park area to the west of the site.
The property is held Freehold (Land Registry title number WYK729389).
Offers in the region of £750,000 are invited for the freehold interest, subject to the current occupations - reflecting a low capital value of £14.45 per sq ft. Based on the gross rental income of £70,000 pa this reflects a Net Initial Yield of 8.86% allowing for purchaser’s costs of 5.4%.
The property is held Freehold (Land Registry title number WYK729389).
Offers in the region of £750,000 are invited for the freehold interest, subject to the current occupations - reflecting a low capital value of £14.45 per sq ft. Based on the gross rental income of £70,000 pa this reflects a Net Initial Yield of 8.86% allowing for purchaser’s costs of 5.4%.
PROPERTY FACTS Sale Pending
| Price | $1,394,934 CAD | Property Subtype | Warehouse |
| Price Per SF | $26.89 CAD | Building Class | B |
| Sale Type | Investment or Owner User | Lot Size | 0.78 AC |
| Cap Rate | 8.86% | Rentable Building Area | 51,869 SF |
| Tenure | Freehold | No. Stories | 5 |
| Property Type | Industrial | Year Built | 1870 |
| Price | $1,394,934 CAD |
| Price Per SF | $26.89 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.86% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.78 AC |
| Rentable Building Area | 51,869 SF |
| No. Stories | 5 |
| Year Built | 1870 |
AMENITIES
- Storage Space
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Company Not Provided
Springfield Mills | Oakworth Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.