Multi Let Industrial Investment
The site is situated within the popular Standard Way Business Park, Northallerton approximately 15 miles south of Darlington, 30 miles north of York and 52 miles north of Leeds with convenient access across the region via A19/1AM. Self contained trade park comprising four units constructed circa 1990 of steel portal frame construction with corrugated sheet cladding to elevations.
Gross Internal Area 15,403sq.ft.
Total Site Area 1.3 acres
Fully occupied - total rents received £71,750 (reserved until March 2020)
Offers in the Region of £725,000 reflecting a net initial yield 9.45% (after assuming purchasers costs at 4.4%)