BSP Court Coxmoor Road

Location

Coxmoor Road
Sutton-In-Ashfield
Nottinghamshire
NG17 5LA

Size

186649 sq ft (17340.26 sq m)

Price

£11,495,000

This prime Investment Opportunity has a current income of £884,432 which generates a net initial yield of 7.2% on the price of £11,495,000 and a low capital value of £59 per sq ft. The Estate provides a total of 194,783 sq ft with 186,649 st ft being configured in six principal warehouse buildings adjacent to Sherwood House a detached two storey office building of 8,134 sq ft. The building range in age with the original buildings estimated as being constructed in the 1960's and the most modern building (Unit 10) currently imminently reaching completion. The largest building (Units 1-5) comprises two interconnecting steel framed buildings of brick and clad elevations under pitched sheeted and insulated roofs with eaves heights of between 4.5m and 9m. The remaining warehouses have been instructed over the past 8 years providing detached steel portal framed warehouses with eaves ranging between 5m and 10m. Lockwood Haulage Limited occupy 169,147 sq ft (Units 1-8).

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