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Valley Road Business Park V...

Updated Dec 21, 2023

Glenbrook Investments & HIMOR Acquire Birkenhead Industrial Property For £3M
SOLDIndustrial

Glenbrook Investments & HIMOR Acquire Birkenhead Industrial Property For £3M

Valley Road Business Park Vale, Birkenhead Ch41 7 El⁠

$3,000,000

$15/SF

Building Size

200,000 SF

Asset Type

Industrial

Closing

Nov 18, 2020

About this deal

AI

Appreciate Group Plc has successfully sold the Valley Road Business Park Vale in Birkenhead, CH41 7EL. The industrial property, located in the Birkenhead sector of Wirral, was purchased by Glenbrook Investments, represented by Chris Lloyd, and HIMOR, represented by Mark Booth. The agents involved in the transaction were Legat Owen and LM6.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: £3,000,000
  • Square Footage: 200,000
  • Price Per Square Foot: £15
  • Acres: 9
  • Price Per Acre: £333,333

Chris Lloyd, representing Glenbrook Investments, and Mark Booth, representing HIMOR, played crucial roles in the successful acquisition of Valley Road Business Park Vale. This transaction marks an important milestone in the industrial property market in Birkenhead, showcasing the collaboration between multiple parties to achieve a successful sale.

Players

New York Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $15 per square foot on a published $3M for 200,000 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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