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1 Staniers Way

38,038 SF Industrial Condo Unit Offered at $6,639,437 CAD in Hereford HR1 1JT

Property Facts

Price $6,639,437 CAD
Unit Size 38,038 SF
No. Units 1
Total Building Size 91,432 SF
Property Type Industrial (Condo)
Property Subtype Warehouse
Sale Type Investment
Building Class B
Floors 1
Typical Floor Size 91,432 SF
Year Built 1987
Lot Size 5.60 AC
Sale Conditions Sale Leaseback

1 Unit Available

Unit 1

Unit Size 38,038 SF
Price $6,639,437 CAD
Price Per SF $174.55 CAD
Condo Use Industrial
Sale Type Investment
Tenure Freehold
Cap Rate 7.25%
NOI $481,359.17 CAD
Sale Conditions Sale Leaseback
Sale Notes

We are instructed to seek offers in excess of £3,665,000 (Three Million, Six Hundred and Sixty Five Thousand Pounds) Subject to Contract and exclusive of VAT. A purchase at this level is reflective of a net initial yield of 7.25% and low capital value of £96 psf allowing for purchasers costs of 7.54%

Amenities

  • Yard
  • Listing ID: 34106822

  • Date on Market: 2024-12-05

  • Last Updated:

  • Address: 1 Staniers Way, Hereford HR1 1JT

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