64 Heathland Way - Office FOR SALE


Neath, WGN SA10 6FS
$1,400,000 USD
292-044-0141
64 Heathland Way, Neath, WGN for Sale
$1,400,000 USD
Office - FOR SALE
1/1
null | 11.15% Cap Rate

64 Heathland Way
Neath, WGN SA10 6FS


HIGHLIGHTS

  • Strategically located just south of Junction 43 on the M4 in Llandarcy
  • The office building spans 15,468 sq ft and is well specified
  • The current passing rent is £172,931, which equates to £11.17 per square foot
  • The building is fully let to Natural Resources Wales on a 10-year FRI lease, starting on 28th November 2019 and expiring on 27th November 2029
  • The building has strong environmental credentials, holding an EPC rating of B(39).
  • Natural Resources Wales has occupied the building since 2003

OVERVIEW

The freehold of this investment opportunity is available for the guide price of £1.4 million, providing a yield of 11.15%.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$91 USD /SF

CAP RATE

11.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

96

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

-

APN/PARCEL ID

CYM410797

ASK ABOUT THIS PROPERTY

Gareth LloydKnight Frank LLPMore Info
292-044-0141

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Gareth LloydKnight Frank LLPMore Info
292-044-0141

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.