SOLD - 21-22 Parkhouse West Industrial Estate, Newcastle-under-Lyme
SOLD - 21-22 Parkhouse West Industrial Estate, Newcastle-under-Lyme
Prominently located on the established Parkhouse West Industrial Estate, Newcastle Under Lyme
40,770 sq ft freehold former parcel distribution depot
Let to DS Smith Corrugated Packaging Ltd on a full repairing and insuring lease until August 2022. The property is sub-let to DPD Group Ltd until March 2016.
Seeking offers in the region of £1,800,000 (One Million Eight Hundred Thousand Pounds) which shows a net initial yield of 7.77% and a capital value of £44.15 psf after purchaser’s costs of 5.8%.
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