Investment - Industrial 29,999 SqFt Doncaster
For Sale £3,050,000 Guide Price
Units 4 A B C D & E Railway Court, Ten Pound Walk, Doncaster, South Yorkshire, DN4 5FB
Key Features
- Prime multi let industrial investment
- Asset management opportunities
- Reversionary investment
- Excellent location
Description
Multi let industrial estate investment occupying arguably the best industrial warehouse location within the City with excellent motorway access to the M18, A1 and M1.
The units lie together at Railway Court accessed from Ten Pound Walk - Post code DN4 5FB (as shown on the
attached plan).
All of the accommodation lies close to White Rose Way which forms the principle arterial route to the south linking the City
to Junction 3 of the M18. This also supports along its route the principle industrial and commercial areas of the City with adjacent occupiers including Tesco, Network Rail. The importance of Junction 3 of the M18 has been significantly elevated within the region with the Great Yorkshire Way linking to the soon to be reopened to Doncaster Sheffield Robin Hood airport and the rapidly expanding Doncaster iPort warehouse development which has attracted a major presence for Amazon.
There may be scope to create an additional unit(s) in the yard (stp).
The investment is let to two tenants producing a rental income of £202,000 per annum
We are instructed to seek £3,050,000 which reflects a Net Initial Yield of 6.24% (after usual purchasers costs of 6.16%)
Comments
Doncaster is located in South Yorkshire, approximately 27 miles north east of Sheffield, 17 miles east of Barnsley and 32 miles south east of Leeds. The City has a population of 302,402 people according to the 2011 UK census and benefits from excellent transport links being close to thea1M and M18, providing fast easy access to the wider motorway network particularly to the M61 trans pennine corridor to the north and M1 to the south. Rail services to London Kings Cross are available on the east Coast Mainline with a journey time of approximately 1 hour 45 minutes with Doncaster Railway station being a short distance from the investment units
The adopted rateable value is not known not available or not applicable unless specified.
Viewings strictly by prior appointment with the agents: Jason Barnsdale MRICS Barnsdales - Chartered Surveyors Tel: 07836 53 40 40 jason@barnsdales.co.uk
Each party is to be responsible for their own legal costs incurred in this transaction.
EPC awaited or not required