Property photos
£10,500,000
(£61.32/sq. ft)
Light industrial for sale
Strata Products, Brookhill Industrial Estate, Pinxton, Pinxton NG16171,231 sq. ft
Local area information
Property location
Nearby amenities
- Kirkstead Junior Academy 0.3 miles
- John King Infant Academy 0.4 miles
- Alfreton 2.5 miles
- Kirkby-in-Ashfield 2.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Investment
Industrial sale and leaseback investment
Strata Products occupy 2 sites totalling 15,908 sq m (171,231 sq ft) over Plymouth Avenue and Beaufit Lane
Total gross site area of 12.63 acres
Located on the established Brookhill Industrial Estate, North Nottinghamshire just 1 mile from Junction 28 of the M1 motorway.
Both properties have strong value add potential given the low initial base rent through future rent review, reletting or break up. The price is underpinned by the established vacant possession value
Upon sale, Strata Products will lease both properties back on a new 10 year lease with a five year tenant only break option
The properties are to be leased at a rent of £945,000 per annum equating to £5 per sq ft on the Plymouth Avenue property, £4.75 per sq ft on the Beaufit Lane buildings and £30,000 per acre on the storage land, all of which are reversionary
Low site cover of 18% on the Beaufit Lane property
Properties can be purchased together or separately
Industrial sale and leaseback investment
Strata Products occupy 2 sites totalling 15,908 sq m (171,231 sq ft) over Plymouth Avenue and Beaufit Lane
Total gross site area of 12.63 acres
Located on the established Brookhill Industrial Estate, North Nottinghamshire just 1 mile from Junction 28 of the M1 motorway.
Both properties have strong value add potential given the low initial base rent through future rent review, reletting or break up. The price is underpinned by the established vacant possession value
Upon sale, Strata Products will lease both properties back on a new 10 year lease with a five year tenant only break option
The properties are to be leased at a rent of £945,000 per annum equating to £5 per sq ft on the Plymouth Avenue property, £4.75 per sq ft on the Beaufit Lane buildings and £30,000 per acre on the storage land, all of which are reversionary
Low site cover of 18% on the Beaufit Lane property
Properties can be purchased together or separately
More information
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