Unit 108, Tenth Avenue Zone 3 Deeside Industrial Park

Overview

Detached industrial facility

Asset management opportunity, low passing rent and potential lease restructure

48,454 sq ft on 2.25 acres (49% site cover)

Offers in the region of £3,650,000
Low passing rent £5.62 p.s.f
NIY 7.01%
Low Capital Value £75.33 p.s.f
ERV £7.50 p.s.f
Reversionary Yield 8.62%

Features

• Modern detached industrial facility
• Extending to 48,464 sq ft
• Site area 2.25 acres, 49% site cover
• Fully let to Comtek Network Systems (UK) Limited
• Lease expiry 11th December 2029
• Low Passing Rent £5.62 p.s.f
• NIY 7.01%
• Low Capital Value £75.33 p.s.f
• ERV £7.50 p.s.f
• Reversionary Yield 8.62%

Location

Situated off Tenth Avenue on Zone 3, Deeside Industrial Park in Flintshire, North East Wales on the English / Welsh border. The park is one of the principal industrial locations within the wider North West region and comprises over 5,000,000 sq ft of industrial and warehouse accommodation.