Property description
Opportunity to acquire prime, modern detached distribution unit located in Normanton and adjacent to the M62 motorway.
The property comprises a detached 43,243 sq ft warehouse on a site of 3.02-acres, benefitting from 7.6m eaves, 4 dock and 2 level access loading doors.
The premises is fully let to DX Network Services on a 10-year lease, expiring in June 2030. The current passing rent is £360,000 pa which reflects £8.33 psf.
The purchase price of £5,625,000 reflects a NIY of 6.00% and a capital value of £130 psf.
