Waterside Business Park 3 Properties Offered at $2,218,059 CAD in Dinnington
INVESTMENT HIGHLIGHTS
- Established business location circa 2.5 miles from J31 of the M1
- Fully let generating £100,784 per annum exclusive reflecting a low rent of £6.13 per Sq Ft
- Excellent potential for rental growth with rents as low as £4.86 per Sq Ft with the average industrial rent only £5.63 per Sq Ft
EXECUTIVE SUMMARY
Inviting offers over £1,200,000 reflecting an attractive net initial yield of 7.93% and a reversionary yield of 10.43%. A purchase at this level reflects a low capital value of only £73.01 per Sq Ft. Assuming standard purchaser’s costs of 5.92%.
PROPERTY FACTS
| Price | $2,218,059 CAD |
| Price / SF | $134.63 CAD / SF |
| Cap Rate | 7.93% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 16,475 SF |
| Total Land Area | 1.85 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| Redwall Clos, Dinnington S25 3QA | Industrial | 6,711 SF | 2008 | - |
|
Unit A-C
Redwall Clos, Dinnington S25 3QA |
Office | 3,983 SF | 2009 | - |
|
WATERSIDE BUSINESS PARK
Rotherham Rd, Dinnington S25 3RF |
Industrial | 5,781 SF | 1985 | - |
