Parkway Business Centre, Deeside Industrial Park, Deeside, Flintshire, CH5 2LE
Size
19,673
Tenure
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EPC
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Parking
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- Primary use
- Other
Key features
- High yielding fully let Business Park investment
- AWULT to expiry of c.3.07 years and c.2.80 years to break.
- Extensive parking
- Located at the heart of Deeside Industrial Park
- Low capital value of £79 psf
- Opportunities for asset management
- £1,545,000 +
- £79 psf capital value
- NIY 11.53%
Description
Located on Deeside Industrial Park - one of the premier business locations in North Wales
19,673 sq ft across 10 units
Fully let to 5 tenants including Booker Limited (37% of income)
Passing rent of £189,578 per annum reflecting £9.64 psf
AWULT to expiry of c.3.07 years and c.2.80 years to break.
Established ERV of £10 psf
1.15 acre site with the potential for future redevelopment/ alternative uses
Freehold.
11.53% NIY / £79 psf
We are instructed to seek offers in excess of £1,545,000 (One Million Five Hundred and Forty Five Thousand Pounds)
subject to contract and exclusive of VAT.
A purchase at this level reflects a Net Initial Yield of 11.53% and a Low Capital Value of £79 per sq ft, assuming standard purchasers costs of 6.36%.
- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Parkway Business Centre, Deeside Industrial Park, Deeside, Flintshire, CH5 2LE
About Legat Owen, Chester
Legat Owen is a multi-disciplinary, general practice firm of Chartered Surveyors established in 1986 with a head office in Chester.
We offer a full range of services including agency (industrial, office, retail/roadside/leisure, investment & land/development), property management, landlord & tenant, valuation, building surveying, development consultancy and rating. As a multi-disciplinary commercial property consultant, departments work alongside one another to provide a full complement of services to our clients as required.
Geographically, the practice acts across the whole of the UK with particular emphasis on the North West of England and Wales.
For the future, the company will continue to concentrate on its core strengths of delivering expert property advice on a personalised basis.
As a testament to these values, the Directors and staff are proud of the fact that we are still involved with many of the clients for whom we first acted for nearly forty years ago.
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Disclaimer - Property reference 5504FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Legat Owen, Chester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.