Property overview

1 Daniels Way, Hucknall, Nottingham NG15 7LL

sold

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£1,830,000
Mar 2023

Acting on behalf of a private investor client AP Investment has recently sold a single let industrial investment at Daniels Way, Hucknall.

 

The 26,100 sq ft unit is on a self contained site with additional telecoms mast at the rear.

 

The property was let to Mailshop Mailing Ltd on a 15 year lease from 2017. The rent of £137,182 was agreed at the 2022 review. There is an additional £4,250 of income from the telecoms mast.

 

The property was sold for £1,830,000 which reflected an initial yield of 7.28%.

 

The purchaser was represented by Andrew Dixon & Co.

 

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