Lumley Court brochure

Unit 1 Lumley Court brochure

  • Excellent Location 1 mile from Junction 63 of the A1(M)
  • Situated in the established Drum Industrial Estate development with major occupiers including Parcel Force, Co-op Distribution
  • Centre and Batleys Cash & Carry
  • 5 modern office buildings let to 3 tenants
  • Current net rental income of £148,500 reflecting an average rate of just £9.83 per sq ft
  • We are instructed to seek offers in excess of £1,500,000, which reflects a Net Initial Yield of 9.35% after purchaser’s costs of 5.80%, reflecting just £99.33 per sq ft capital value.