Investment

Available

Ground Rent Investment Opportunity – Doncaster

Binder Industrial Park, Eland Road, Doncaster, DN12 4HA

For Sale

Terms

48,911.21 sq ft

Size

4.35%

Yield

Gallery

Secure long let commercial ground rent investment with nearly 240 years remaining.
Well located industrial estate of 11 units totaling 48,918 sq ft in the popular Denaby Main area to the east of Doncaster.
Let to Wulstan Capital (Doncaster) LLP with reviews linked to uncapped RPI every five years.
Ground rent, after top up, of £39,483 pa, equating to just £0.80 psf. Passing rents on the units ranging from £4.75 psf to £7 psf.
Offers in excess of £860,000 (Eight Hundred and Sixty Thousand Pounds), subject to contract, for our client’s freehold interest. The vendor proposes to top the current passing rent up to £39,483 per annum, based on estimated RPI at July 2024, until the next review on 15 July 2024. A purchase at this level reflects a net initial yield of 4.35% after purchaser’s costs of 5.58%.

More information

Download Brochure

Contact Us

Team members

Head of Investment

Ken Morgan

ken.morgan@rapleys.com

Where to find this property

Doncaster
DN12 4HA