Updated Oct 29, 2024
Tungsten Properties Acquires Warehouse In Warrington From Travis Perkins For £7.5M
Appleton Thorn Trading Estate, Lyncastle Rd, Appleton Thorn, Warrington Wa4 4 Sn, Uk
$7,500,000
Building Size
—
Asset Type
Industrial
Closing
Jul 13, 2020
About this deal
AI
A warehouse located at Lyncastle Road, Appleton Thorn Trading Estate in Warrington has been sold in a closed transaction. The property was sold by Travis Perkins to Tungsten Properties represented by Ian Dunckley. The seller's representative in this deal was Nathan Khanverdi from Colliers International, while the buyer was represented by Avison Young & B8.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: £7,500,000
- Market: Warrington
The deal was finalized on July 14, 2020, with a sale price of £7,500,000. Ian Dunckley, on behalf of Tungsten Properties, acquired the warehouse from Travis Perkins. Nathan Khanverdi, representing Colliers International, acted as the seller's representative in this transaction. Avison Young & B8 represented the buyer in the deal.
On the Map
$7,500,000
Industrial
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Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93