Property photos
Just added
£7,500,000
(£39.56/sq. ft)
Property for sale
Investment For Sale, View Logistics Ltd, Brenda Road, Hartlepool, Durham TS25189,585 sq. ft
Local area information
Property location
Nearby amenities
- Cambian Hartlepool School (SEN) 0.1 miles
- Golden Flatts Primary School 0.2 miles
- Seaton Carew 0.3 miles
- Hartlepool 1.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Well specified, 'big box' industrial unit totalling 17,613.05 sq m (189,585 sq ft)
- Well located logistics and distribution unit with good links to the North East and Yorkshire via the A19 / A1(M) in close proximity
- Let on a 10 year straight lease w.e.f 13 January 2025 expiring 12 January 2035 - 9.25 years unexpired.
- Let to View Logistics Limited & Guaranteed by Victoria plc on two coterminous leases at a combined rent of £700,000 per annum
- Rent review in year 5 linked to cpi with annual cpi increases thereafter (capped at 2%)
- We are instructed to seek offers in excess of £7,500,000 reflecting a Net Initial Yield of 8.75% and a low capital value of £39.56 per sq ft
Industrial Investment For Sale - View Logistics, Park View Road East, Hartlepool.
The property is securely let at a headline rent of £700,000 per annum with c. 9.25 years unexpired on the lease.
The property is securely let at a headline rent of £700,000 per annum with c. 9.25 years unexpired on the lease.
More information
Listed by
HTA Real Estate
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - HTA Real Estate. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact HTA Real Estate for full details and further information.