For Sale - Mission Critical Industrial Investment : Kinaxia Logistics , Camberwell Way, Doxford Int Business Park, Sunderland , SR3 3BE
Strategically located, single let industrial investment extending to 145,200 sq ft, let to Kinaxia Logistics with 4.70 years unexpired on the lease.
Offers in excess of £7.045m, reflecting a net initial yield of 6.14%, day 1 reversionary yield on completing the rent review of 7.84% and a reversionary yield of 9.83% on letting the office space.
Quoting reflects a very low capital value of £48.52 per sq ft.