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41 Palgrave Way

68,450 SF Industrial Building Pinchbeck PE11 3YW $5,328,416 CAD ($78 CAD/SF)

Industrial Properties Lincolnshire Pinchbeck 41 Palgrave Way, Pinchbeck, LIN PE11 3YW

Investment Highlights

  • Rent passing for duration of lease term £362,500 p.a.x.
  • Let to Karsten UK Ltd
  • Net initial yield 7% after standard acquisition costs.

Executive Summary

Premises let by way of a 5 year effective full repairing and insuring lease (excluding roof & structure) expiring 31st July 2025 to Karsten UK Ltd who for the year ending 30th September 2021 had net assets of £14.0 Million. Rent passing for duration of lease term £362,500 p.a.x. Net initial yield 7% after standard acquisition costs

Attachments

Brochure
Brochure

Property Facts

Price $5,328,416 CAD Rentable Building Area 68,450 SF
Price Per SF $78 CAD No. Stories 2
Sale Type Investment Year Built 1990
Tenure Freehold/Long Leasehold Tenancy Single
Property Type Industrial Clear Ceiling Height 20 ft
Property Subtype Food Processing No. Dock-High Doors/Loading 5
Lot Size 5.39 AC
Price $5,328,416 CAD
Price Per SF $78 CAD
Sale Type Investment
Tenure Freehold/Long Leasehold
Property Type Industrial
Property Subtype Food Processing
Lot Size 5.39 AC
Rentable Building Area 68,450 SF
No. Stories 2
Year Built 1990
Tenancy Single
Clear Ceiling Height 20 ft
No. Dock-High Doors/Loading 5

Amenities

  • Yard
  • Energy Performance Rating - D
  • Air Conditioning

Utilities

  • Water - City
  • Sewer - City

Links

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+44 1522 457172

Contact

  • Listing ID: 26563794

  • Date on Market: 2022-09-06

  • Last Updated:

  • Address: 41 Palgrave Way, Pinchbeck PE11 3YW

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41 Palgrave Way
+44 1522 457172 x

41 Palgrave Way

James Cameron

+44 1522 457172

+44 1522 457172

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