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Agent's details

The Ropewalk Industrial Estate, Derbyshire, DE7 5HX

For sale: £1,750,000.00|22,954 Sq Ft|General Industrial, Industrial

Property details

FOR SALE£1,750,000.00
SIZE22,954 Sq Ft
ADDRESSIlkeston DE7 5HX, Derbyshire, DE7 5HX
TYPEGeneral Industrial, Industrial
TENUREFor Sale Freehold
POSTED ON4th November 2021

Description

40 units let to 32 Tenants
99% let
Currently producing 133,930 per annum
Ability to improve rent roll
Strong track record of lettings
Offers over 1,750,000
Net Initial Yield 7.2%
Reversionary Yield to ERVs of circa 10%
Low capital value of 76 per ft

Location

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Location: Ilkeston DE7 5HX, Derbyshire, DE7 5HX

Langley Mill (3.1 miles)

Bulwell (4.7 miles)

Long Eaton (5.4 miles)

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