Balle St
41,650 SF Industrial Building Darwen BB3 2AZ $9,714,619 CAD ($233.24 CAD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Situated 10 miles from Blackburn, 22 miles from Manchester, and 35 miles from Liverpool.
- Darwen benefits from its strategic location near major transport arteries, including the M65 motorway.
- Nearby occupiers include Crown Paints, headquartered in Darwen, is one of the UK’s largest and most well-known paint manufacturers.
EXECUTIVE SUMMARY
Offers in excess of £5,000,000 (Five Million Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects an attractive Net Initial Yield of 6.50% after full purchaser’s costs.
PROPERTY FACTS
| Price | $9,714,619 CAD |
| Price Per SF | $233.24 CAD |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.91 AC |
| Rentable Building Area | 41,650 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Tenancy | Single |
| Parking Ratio | 1.87/1,000 SF |
| Clear Ceiling Height | 36’ |
| No. Drive In / Grade-Level Doors | 2 |
AMENITIES
- 24 Hour Access
- Yard
- Energy Performance Rating - A
- Automatic Blinds
- Demised WC facilities
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