Units 1-5 Langham Park, Berristow Lane, South Normanton, J28, M1, DE55 2EG
We are looking to close the sale of the above property by inviting best bids which are to be received by email to johnp@fhp.co.uk and helena@fhp.co.uk by Thursday 25th February 5:30pm
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Well based securely let Industrial Estate with development potential
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Industrial complex totalling 13,447m² (144,744ft²) set in approx 7.6 acres |
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Prime prominent location adjacent to the J28, M1 / A38 |
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Opposite to McArthur Glen Retail Outlet Scheme |
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Designed to subdivide into five units |
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New 10 year leases commencing April and May 2021 |
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Break clauses – April and May 2026 |
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Let to a secure very low risk covenant – Whitemeadow Group Holdings Limited |
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Initial rental - £599,267 per annum |
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Low base rent - £3.95 per ft² |
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Price – Offers in excess of £7,500,000 |
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Net initial yield – 7.5% |
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Net of costs at 6.7% |
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Low capital value - £51.81 per ft² |
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Find out more
For more details and to arrange a viewing
contact our specialist agents: |
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Not what you’re looking for? |
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