Linfit Court, Colliers Way, Clayton West, Huddersfield, West Yorkshire, HD8
Investment For Sale: £3,800,000 Freehold
26,236 SqFt (2,437.32 SqM)
Multi-let freehold industrial investment for sale
Net initial yield of 6.52%
Established industrial location
Opportunity for further rental income
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About the property
A rare opportunity has arisen to purchase this multi let hybrid industrial estate with car parking, let to strong regional occupiers at a total passing rent of £248.740 per annum exclusive with a potential of £263,740 per annum once fully let.
The site has a total gross internal floor area of 26,236 sqft (2,450.63 sq m) and is accessed via a secure gated estate road that loops around the estate for ease of access and egress with larger vehicles
We are instructed to seek offers in excess of £3,800,000 (Three Million, Eight Hundred Thousand Pounds) for the freehold interest, subject to contract and exclusive of VAT. An offer at this level would reflect a net initial yield of 6.45%, assuming usual purchaser's cost and a capital value of £144.84 psf.