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Burghead MF - Burghead MF Lot • Terrain commercial • 19,3 Acres • 2 199 976 $ CAD • Burghead IV30 5XU
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Faits saillants de l'investissement
- Two separate sites totaling 19.30 acres.
- Site B offers good development potential (subject to planning) spanning 8.40 acres.
- Site A offers an attractive rent of £150,000 per annum over a term of 10 years and includes a c. 5,900 sq ft building
Résumé de l'annonce
Site A: 10.90 acres -including a c.5,900 sq ft (ground floor) building (GIA):
A rare, high yielding opportunity let to Arqiva, an international covenant, on anew 10-year leasewith a tenant option to break after the 7thyear, subject to a penalty equivalent to 6 months rent. Passing rent will be £150,000 per annum.
Underlying refurbishment / development opportunity (subject to planning).
Site B: 8.40 acres -presents a development opportunity (subject to planning).
We are inviting offers on the following basis -Independently or together:
Site A: Sale and Leaseback, unconditional offers only (Overage on planning might be considered)
Asking £1,200,000 subject to contract and exclusive of VAT, reflecting a Net Initial Yield of 11.69%, assuming purchaser's costs of 6.93%.
Site B: Inviting Offers on an unconditional basis or STP (Overage on planning might be considered).
Faits sur la propriété
| Prix | 2 199 976 $ CAD | Type de propriété | Terrain |
| Type de vente | Investissement | Sous-type de propriété | Terrain commercial |
| Condition de vente | Cession-bail | Utilisation proposée | Commercial |
| Ancienneté | Pleine propriété | Taille totale du lot | 19,30 AC |
| Nombre de lots | 1 |
| Prix | 2 199 976 $ CAD |
| Type de vente | Investissement |
| Condition de vente | Cession-bail |
| Ancienneté | Pleine propriété |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Utilisation proposée | Commercial |
| Taille totale du lot | 19,30 AC |
1 Lot disponible
Lot
| Prix | 2 199 976 $ CAD | Taille du lot | 19,30 AC |
| Prix par AC | 113 988,39 $ CAD |
| Prix | 2 199 976 $ CAD |
| Prix par AC | 113 988,39 $ CAD |
| Taille du lot | 19,30 AC |
Two adjacent sites totaling 19.30-acres,on the east side of Burghead. Site A: 10.90 acres -including a c.5,900 sq ft available by way of leaseback - £1.2m. Site B: 8.40 acres - development opportunity - Inviting Offers.
Description
Site A: (one lease) 10.90 acres The main building is in good condition and comprises a ground floor of 5,920 sqft with a further 2,023 sqft at first floor with part being a secure nuclear shelter accessed externally. Ground Floor internal heights are 2.35m in the offices and workshop, 5.18m in the Transmitter Hall and the first-floor plant room height is 3.84m. The building is constructed of blockwork with a flat roof, considerable concrete yard to the entrance and to the front and side are 3 roller shutter doors. Internally, the building is of a good specification comprised of a concrete floor, strip The building has potential for conversion to industrial or residential (subject to planning). A second building/enclosure is used as a fuel bund. There are other smaller buildings on site used as outbuildings. Power -Currently on site, there is an electrical capacity of 490 KVAand with the radio towers, it could offer precedent for implementing other uses such as wind turbines for example (subject to planning). Cellnex Tower will be retained in the vendors possession. A right of way will be required from the main entrance road to allow access. Site B: - 8.40 acres The north site is available with vacant possession, either on an unconditional or subject to planning basis. We envisage the land to have good prospects for alternative development. If the sites are sold separately, a right of way will be afforded to site B from the main access road. Upon vacating, Arqiva will undertake any decommissioning works with removal of the masts and stay lines, but the concrete stay blocks will remain. 3
Présenté par
Burghead MF - Burghead MF
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