£1,545,000

Property for sale

  1.  Photo 24
  2.  Property Map
  3.  Photo 16

Offers over

£1,545,000

(£78.53/sq. ft)

Property for sale

Parkway Business Centre, Deeside Industrial Park, Deeside, Flintshire CH5

19,673 sq. ft

Local area information

Property location

Nearby amenities

  • Sealand C.P. School 0.9 miles
  • Hawarden Bridge 1 mile
  • Shotton 1.4 miles
  • Ven. Edward Morgan R.C. Primary School 1.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • High yielding multi-let Business Park investment
  • Recently refurbished
  • Dedicated car parking 80 spaces
  • Located at the heart of Deeside Industrial Park
  • Low capital value of £79 psf
  • Opportunities for asset management
  • Niy 11.05%
High yielding multi-let office investment on the established Deeside Industrial Park

Located on Deeside Industrial Park - one of the premier business locations in N Wales
Fronting Parkway - the main arterial route through the estate
19,673 sq ft across 10 units
Multi-let to 4 tenants including Booker (47% of income)
Passing rent of £181,141 per annum reflecting a low rate of £9.21 psf
1.15 acre site with the potential for future redevelopment/ alternative uses
Freehold.

We are quoting £1,545,000 (One Million Five Hundred and Forty-Five Thousand Pounds) which reflects;

Net initial yield of 11.05%,
Reversionary yield of 11.68%
Low capital value of £79 psf.

Awult of c.2.08 years to expiry and c.1.34 years to break

More information

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  1. Zoopla
  2. Commercial for sale
  3. Flintshire
  4. Deeside
  5. Deeside Industrial Park
  6. Parkway
  7. Parkway Business Centre

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