Kirkland Avenue Industrial Estate Mansfield
Kirkland Avenue, Mansfield, Mansfield, NG18 5QP
Key Features
Description
Multi let Industrial estate investment for sale comprising 15 units ranging in sizes from 295sqft - 4,105 sqft and 3 yard areas which have been let out.
The estate offers significant asset management opportunities as well as scope to extend onto undeveloped land or for wholesale redevelopment of the site perhaps for alternative uses (subject to all necessary consents).
The entire estate comprises 1.733 acres.
Current passing rent: £115,650 per annum
Offers in the region of £1,000,000 which reflects a Net Initial Yield of 10.97% (after usual purchasers costs of 5.45%)
Comments
Viewings: Viewings strictly by prior appointment with the agents: Jason Barnsdale MRICS Barnsdales - Chartered Surveyors Tel: 01302 308 174 Mob: 07836 53 40 40 jason@barnsdales.co.uk