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Langdale House Sable Way 17,088 SF Industrial Building Basildon SS15 6LN $6,796,861 CAD ($397.76 CAD/SF) 6.88% Cap Rate
INVESTMENT HIGHLIGHTS
- Air Conditioning within office space
- 2 level access doors
- 7.5m eaves rising to apex
EXECUTIVE SUMMARY
We are instructed to seek offers in excess of £3,650,000 (Three Million Nine Hundred and Fifty Thousand Pounds), subject to contract and exclusive of VAT.
A purchase at this level reflects a net initial yield of 6.36%, an anticipated reversionary yield of 6.55%, assuming purchaser costs of 6.53%.
A purchase at this level reflects a net initial yield of 6.36%, an anticipated reversionary yield of 6.55%, assuming purchaser costs of 6.53%.
PROPERTY FACTS Sale Pending
| Price | $6,796,861 CAD | Lot Size | 0.91 AC |
| Price Per SF | $397.76 CAD | Rentable Building Area | 17,088 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 6.88% | Year Built | 2003 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.69/1,000 SF |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Building Class | B |
| Price | $6,796,861 CAD |
| Price Per SF | $397.76 CAD |
| Sale Type | Investment |
| Cap Rate | 6.88% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.91 AC |
| Rentable Building Area | 17,088 SF |
| No. Stories | 2 |
| Year Built | 2003 |
| Tenancy | Single |
| Parking Ratio | 2.69/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
AMENITIES
- 24 Hour Access
- Raised Floor
- Yard
- Automatic Blinds
- Air Conditioning
UTILITIES
- Lighting
- Water - City
- Sewer - City
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Langdale House | Sable Way
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