top of page

UNDER OFFER

Fully let Industrial Investment in Peterlee for sale | 8.10% NIY | Cap val only £35 psf

Price:

£1,050,000 (8.10% NIY)

30,350 sq ft

INVESTMENT SUMMARY


  • Entirely let to Central Doorset Manufacturing Limited

  • Rent of £90,000 per annum across two leases

  • Unit 3 is let until December 2028 & Unit 4 is let until 2033 with tenant break in March 2028

  • WAULT to breaks of 4.22 years and 6.73 years to expiry.

  • 30,350 sq ft buildings in total

  • Total site area of 1.25 acres

  • Freehold with title number DU266368

  • EPC rating - C

  • Very low passing rent of only £2.97 psf


Seeking offers in excess of £1,050,000 reflecting a net initial yield of 8.10%, reversionary yield of approximately 10.80% and a very low capital value of only £35 psf

Property Details

Location Details

Horden, County Durham

Sector

Industrial

Property PDF

Download our property listing brochure for full details of this listing.

MAKE AN ENQUIRY

An outstanding opportunity

Our property listing brochure contains full details of this listing. Prefer to chat to us about the property? Send us an email or give us a call.

Share this listing

  • Instagram
  • Facebook
  • Twitter
  • LinkedIn
  • YouTube
Property Details

Speak to us about this property in more detail.

Or access the PDF Brochure and mailing list.

bottom of page