40 Hemmells | Basildon SS15 6ED
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40 Hemmells
Basildon SS15 6ED
Industrial Property For Sale
Investment Highlights
- Prominent industrial estate
- Well let industrial unit
- Excellent access to Junctions 29 and 30 of the M25
Executive Summary
We are instructed to seek offers in excess of £1,150,000 (One Million One Hundred and Fifty Thousand Pounds), subject to contract and exclusive of VAT.
A purchase at this level reflects a net initial yield of 6.32%, an anticipated reversionary yield of 6.66% and a capital value per sq ft of £120.55, allowing for purchasers costs of 5.89%.
A purchase at this level reflects a net initial yield of 6.32%, an anticipated reversionary yield of 6.66% and a capital value per sq ft of £120.55, allowing for purchasers costs of 5.89%.
PROPERTY FACTS
Sale Type | Investment | Lot Size | 0.55 AC |
Cap Rate | 6.32% | Rentable Building Area | 9,539 SF |
Tenure | Freehold | No. Stories | 2 |
Property Type | Industrial | Year Built | 1980 |
Property Subtype | Warehouse | Parking Ratio | 0.42/1,000 SF |
Building Class | B |
Sale Type | Investment |
Cap Rate | 6.32% |
Tenure | Freehold |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | B |
Lot Size | 0.55 AC |
Rentable Building Area | 9,539 SF |
No. Stories | 2 |
Year Built | 1980 |
Parking Ratio | 0.42/1,000 SF |
Amenities
- 24 Hour Access
Utilities
- Water - City Water
- Sewer - City Sewer
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