Amber Park 1 | Berristow Ln
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Amber Park 1 Berristow Ln
208,423 SF 4-Star Industrial Building South Normanton DE55 2FH $35,506,947 CAD ($170 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Strategically located on Junction 28 of the M1 Motorway
Executive Summary
Entirely let to Alloga UK Limited until 11th July 2027, providing an unexpired term of 2.84 years.
Very low passing rent of £1,306,000 per annum, reflecting £6.27 per sq ft with prime rents in the area now achieving in excess of £8.00 psf;
We are seeking offers in excess of £19,600,000 subject to contract and exclusive of VAT. Reflecting an attractive Net Initial Yield of 6.25% and an anticipated Reversionary Yield of c. 7.50%
Very low passing rent of £1,306,000 per annum, reflecting £6.27 per sq ft with prime rents in the area now achieving in excess of £8.00 psf;
We are seeking offers in excess of £19,600,000 subject to contract and exclusive of VAT. Reflecting an attractive Net Initial Yield of 6.25% and an anticipated Reversionary Yield of c. 7.50%
Property Facts
| Price | $35,506,947 CAD | Rentable Building Area | 208,423 SF |
| Price Per SF | $170 CAD | No. Stories | 3 |
| Sale Type | Investment | Year Built | 1997 |
| Cap Rate | 6.25% | Tenancy | Single |
| Tenure | Freehold/Long Leasehold | Parking Ratio | 1.2/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 32 ft 9 in |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 10 |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 12.96 AC |
| Price | $35,506,947 CAD |
| Price Per SF | $170 CAD |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Tenure | Freehold/Long Leasehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 12.96 AC |
| Rentable Building Area | 208,423 SF |
| No. Stories | 3 |
| Year Built | 1997 |
| Tenancy | Single |
| Parking Ratio | 1.2/1,000 SF |
| Clear Ceiling Height | 32 ft 9 in |
| No. Dock-High Doors/Loading | 10 |
| No. Drive In / Grade-Level Doors | 2 |
Amenities
- Fenced Lot
- Yard
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Amber Park 1 | Berristow Ln
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