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INVESTMENT HIGHLIGHTS
- Tenant in occupation since 2018
- NIY of 7% assuming purchasers costs of 4.54%
- Freehold - Title Number DT272106
EXECUTIVE SUMMARY
The property is situated on Somerford Business Park which forms part of the well established Wilverley Road industrial area in Christchurch. The development is conveniently located close to the junction of Wilverley Road and Somerford Road. Somerford Road leads directly to the main A35 Christchurch bypass dual carriageway and the A337 Lymington Road. Christchurch town centre is approximately 2 miles distant.
PROPERTY FACTS
| Total Building Size | 78,484 SF | Typical Floor Size | 24,134 SF |
| Property Type | Industrial (Condo) | Year Built | 1986 |
| Property Subtype | Warehouse | Lot Size | 1.80 AC |
| Building Class | C | Parking Ratio | 0.15/1,000 SF |
| Floors | 2 |
| Total Building Size | 78,484 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 24,134 SF |
| Year Built | 1986 |
| Lot Size | 1.80 AC |
| Parking Ratio | 0.15/1,000 SF |
AMENITIES
- Automatic Blinds
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
1 UNIT AVAILABLE
Unit 11
| Unit Size | 4,305 SF | Sale Type | Investment |
| Price | $864,859 CAD | Tenure | Freehold |
| Price Per SF | $200.90 CAD | Cap Rate | 7.31% |
| Condo Use | Industrial | NOI | $63,237.02 CAD |
| Unit Size | 4,305 SF |
| Price | $864,859 CAD |
| Price Per SF | $200.90 CAD |
| Condo Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 7.31% |
| NOI | $63,237.02 CAD |
DESCRIPTION
The premises comprise a mid terrace industrial/warehouse unit of brick
outer, blockwork inner wall construction with steel cladding to the upper
elevations. There is a steel portal frame supporting a mono pitched roof
incorporating daylight panels.
SALE NOTES
£465,000 which reflects a NIY of 7% assuming purchasers costs of 4.54%,
subject to contract
Presented by
Wilverley Rd
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