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Land for sale

Whinbank Park Industrial Estate, Aycliffe Business Park, Newton Aycliffe, County Durham, DL5

£7,000,000
285,239 sq. ft.

Property Description

Commercial information

  • 285,239 sq ft (26,499 sq m)

Full description

Whinbank Park Industrial Estate forms part of the Aycliffe Business Park, the second largest industrial estate in the North East region, situated adjacent to Jct 59 of the A1(M).

Freehold.

Comprising 90 units with total floor area of 285,239 sq ft.

Currently 98% occupied.

Total site area of 18.78 acres with 7.63 acres of potential development land.

Net Operating Income of £702,752 pa.

Offers in excess of £7,000,000 (seven million pounds) subject to contract and net of VAT. Reflecting a NIY of 9.4% and low capital value of £24.54 per sq ft.


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