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Modern Business Park Investment Opportunity, Mandale Business Park, Durham, DH1 1TH
52,619 Sq Ft / Industrial
Withdrawn - Last updated: 19 April 2021
- Modern multi-let office development of 12 units, totalling 52,619 sq ft
- Strategically located at the convergence of the A1M and A690
- Strong tenant mix including Durham Council, B Sky B, NHS Dental and Mullen Stoker
- Excellent asset management and rental growth potential
- Total rent roll of £600,176 per annum incorporating landlord’s rental guarantees over vacant space
- Offers in excess of £5.6M are sought for the long leasehold interest reflecting a net initial yield of 10.1%, after deduction of standard purchaser’s costs of 5.8%
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