Punch Street, Middlesbrough, North Yorkshire, TS1
- SIZE AVAILABLE
35,360 sq ft
3,285 sq m
- SECTOR
Industrial development for sale
- USE CLASSUse class orders: B1 Business, B2 General Industrial, B8 Storage and Distribution and D1 Non-Residential Institutions
B1, B2, B8, D1
Key features
- Freehold Investment For Sale £5,954,000.00
- 23 Industrial units with great rent reviews to rpi uplifts
- The estates are managed through a management company
- Built and designed to a very high standard
- Freehold
Description
A Proven Income Stream
The portfolio comprises 26 individual units, all fully managed by an external property management company to ensure a hassle-free experience for landlords. Collectively, the park generates a strong rental income of £381,000.00 per annum, with rental uplifts predicted to grow from 16% to 25% over the next five years, supported by reversionary rental growth and scheduled rent reviews at three and five years. Rental adjustments are RPI-controlled, ensuring steady and reliable returns.
Achieve a rental income increase, rising from £381,000.00 to approximately £440,050.00, all without the need to renegotiate existing tenant agreements!
A Future-Proofed Investment
Designed to cater to SMEs, start-ups, and expanding businesses, this park is ideally positioned to capture ongoing demand in the region's dynamic industrial market. With a track record of high occupancy and professional management already in place, this portfolio offers both stability and growth potential for forward-thinking investors.
Take advantage of this rare opportunity to invest in a robust and growing sector while enjoying hands-off management and significant future growth.
Sale price
We are expecting OIRO £5,945,000.00 + VAT
Brochures
Punch Street, Middlesbrough, North Yorkshire, TS1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Middlesbrough Station0.8 miles
- Thornaby Station2.2 miles
- Billingham Station2.5 miles
Notes
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