Updated Dec 21, 2023
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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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